B2En Co (XKRX:307870) Debt-to-Equity : 1.05 (As of Mar. 2024)

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What is B2En Co Debt-to-Equity?

B2En Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩12,130 Mil. B2En Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩125 Mil. B2En Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩11,730 Mil. B2En Co's debt to equity for the quarter that ended in Mar. 2024 was 1.04.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for B2En Co's Debt-to-Equity or its related term are showing as below:

XKRX:307870' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.36 Max: 1.05
Current: 1.05

During the past 6 years, the highest Debt-to-Equity Ratio of B2En Co was 1.05. The lowest was 0.10. And the median was 0.36.

XKRX:307870's Debt-to-Equity is ranked worse than
86.71% of 286 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs XKRX:307870: 1.05

B2En Co Debt-to-Equity Historical Data

The historical data trend for B2En Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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B2En Co Debt-to-Equity Chart

B2En Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.10

1.03

0.45

0.81

0.51

B2En Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.88	0.94	0.36	0.51	1.05

Competitive Comparison of B2En Co's Debt-to-Equity

For the Shell Companies subindustry, B2En Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

B2En Co's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, B2En Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where B2En Co's Debt-to-Equity falls into.

B2En Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

B2En Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6849.079	+	73.397)	/	13602.744
	=	0.51

B2En Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(12129.765	+	124.594)	/	11729.761
	=	1.04

B2En Co (XKRX:307870) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

B2En Co Debt-to-Equity Related Terms

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B2En Co (XKRX:307870) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » B2En Co Ltd (XKRX:307870) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

424 Teheran-ro, Gangnam-gu, Daechi-dong, Daechi Tower, Gangnam-gu, Seoul, KOR

Website

B2En Co Ltd, formerly Sangsangin Ian No.1 Special Purpose Acquisition Co Ltd is engaged in providing activities auxiliary to financial service activities.

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