GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gilgyo E&C Co Ltd (XKRX:456700) » Definitions » Debt-to-Equity

Gilgyo E&C Co (XKRX:456700) Debt-to-Equity : 0.05 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Gilgyo E&C Co Debt-to-Equity?

Gilgyo E&C Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩371 Mil. Gilgyo E&C Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩388 Mil. Gilgyo E&C Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩16,906 Mil. Gilgyo E&C Co's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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 Gilgyo E&C Co's Debt-to-Equity or its related term are showing as below:

XKRX:456700' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.08   Max: 0.1
Current: 0.05

During the past 7 years, the highest Debt-to-Equity Ratio of Gilgyo E&C Co was 0.10. The lowest was 0.04. And the median was 0.08.

XKRX:456700's Debt-to-Equity is ranked better than
88.84% of 1515 companies
in the Construction industry
Industry Median: 0.44 vs XKRX:456700: 0.05

Gilgyo E&C Co Debt-to-Equity Historical Data

The historical data trend for Gilgyo E&C 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.

Gilgyo E&C Co Debt-to-Equity Chart

Gilgyo E&C Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.08 0.10 0.07 0.08 0.05

Gilgyo E&C Co Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity Get a 7-Day Free Trial 0.08 0.10 0.07 0.08 0.05

Competitive Comparison of Gilgyo E&C Co's Debt-to-Equity

For the Engineering & Construction subindustry, Gilgyo E&C 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.

Gilgyo E&C Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Gilgyo E&C Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Gilgyo E&C Co's Debt-to-Equity falls into.


Gilgyo E&C Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gilgyo E&C 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
=(371.485 + 387.736) / 16906.417
=0.04

Gilgyo E&C 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
=(371.485 + 387.736) / 16906.417
=0.04

* 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.

Gilgyo E&C Co  (XKRX:456700) 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.

Gilgyo E&C Co Debt-to-Equity Related Terms

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

Gilgyo E&C Co (XKRX:456700) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gilgyo E&C Co Ltd (XKRX:456700) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
306 Cheolcheol-ro, Nam-gu, Gyeongsangbuk-do, Pohang-si, KOR
Website
http://www.Gilgyo.com
Gilgyo E&C Co Ltd operates in the design and construction of bridges. It designs, manufactures, and installation of steel composite ramen bridges, girder bridges, and monolithic bridges.

Gilgyo E&C Co (XKRX:456700) Headlines

No Headlines