Phil Energy Co (XKRX:378340) Debt-to-Equity : 0.20 (As of Dec. 2023)

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What is Phil Energy Co Debt-to-Equity?

Phil Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩14,945 Mil. Phil Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩10,456 Mil. Phil Energy Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩127,787 Mil. Phil Energy Co's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 Phil Energy Co's Debt-to-Equity or its related term are showing as below:

XKRX:378340' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.86 Max: 2.17
Current: 0.2

During the past 4 years, the highest Debt-to-Equity Ratio of Phil Energy Co was 2.17. The lowest was 0.20. And the median was 0.86.

XKRX:378340's Debt-to-Equity is ranked better than
60.55% of 2626 companies
in the Industrial Products industry
Industry Median: 0.29 vs XKRX:378340: 0.20

Phil Energy Co Debt-to-Equity Historical Data

The historical data trend for Phil Energy 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.

* Premium members only.

Phil Energy Co Debt-to-Equity Chart

Phil Energy Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.62

1.11

2.17

0.20

Phil Energy Co Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	2.17	1.97	0.28	0.20

Competitive Comparison of Phil Energy Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Phil Energy 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.

Phil Energy Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Phil Energy Co's Debt-to-Equity distribution charts can be found below:

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

Phil Energy Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Phil Energy 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
	=	(14944.742	+	10455.848)	/	127786.773
	=	0.20

Phil Energy Co's Debt to Equity Ratio for the quarter 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
	=	(14944.742	+	10455.848)	/	127786.773
	=	0.20

Phil Energy Co (XKRX:378340) 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.

Phil Energy Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Phil Energy Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Phil Energy Co (XKRX:378340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Phil Energy Co Ltd (XKRX:378340) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-19 Jigotjungang-ro, Gyeonggi-do, Osan-si, KOR

Website

http://www.philenergy.co.kr

Phil Energy Co Ltd specializes in equipment for the manufacture of secondary batteries. It supplies various machinery equipment needed in all areas of the secondary battery assembly process, next-generation batteries, and fuel cells. It offers Stacking facility, Laser notching facilities, Tab Welding Facility, and Can Insert Facility.

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