LVMC Holdings (XKRX:900140) Debt-to-Equity : 0.43 (As of Dec. 2023)

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What is LVMC Holdings Debt-to-Equity?

LVMC Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩136,189 Mil. LVMC Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩41,798 Mil. LVMC Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩409,867 Mil. LVMC Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.43.

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 LVMC Holdings's Debt-to-Equity or its related term are showing as below:

XKRX:900140' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.44 Max: 0.87
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of LVMC Holdings was 0.87. The lowest was 0.32. And the median was 0.44.

XKRX:900140's Debt-to-Equity is ranked better than
52.99% of 1172 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs XKRX:900140: 0.43

LVMC Holdings Debt-to-Equity Historical Data

The historical data trend for LVMC Holdings'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.

LVMC Holdings Debt-to-Equity Chart

LVMC Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.87

0.64

0.45

0.49

0.43

LVMC Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.49	0.37	0.41	0.42	0.43

Competitive Comparison of LVMC Holdings's Debt-to-Equity

For the Auto Manufacturers subindustry, LVMC Holdings'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.

LVMC Holdings's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, LVMC Holdings's Debt-to-Equity distribution charts can be found below:

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

LVMC Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LVMC Holdings'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
	=	(136188.812	+	41797.662)	/	409866.915
	=	0.43

LVMC Holdings'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
	=	(136188.812	+	41797.662)	/	409866.915
	=	0.43

LVMC Holdings (XKRX:900140) 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.

LVMC Holdings Debt-to-Equity Related Terms

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

LVMC Holdings (XKRX:900140) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » LVMC Holdings (XKRX:900140) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

117 Nguyen Du, 2nd Floor, Central Park Office Building 2, Phuong Ben Thanh, Quan 1, Ho Chi Minh, VNM

Website

http://www.lvmcholdings.net

LVMC Holdings is an automotive company with advanced production and after-sales service system. It manufactures and distributes automobiles and motorcycles in Southeast Asia and the world. It's business areas include distribution of global brands; independent research and development, manufacturing, sales, after-sale service, and overseas exports of its in-house brand Daehan, Kolao, KR Motors; sales of parts and accessories of automobiles and motorcycles; and other rental services.

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