SK-Electronics Co (TSE:6677) Debt-to-Equity

: 0.05 (As of Dec. 2023)

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SK-Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円800 Mil. SK-Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円600 Mil. SK-Electronics Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円30,236 Mil. SK-Electronics Co's debt to equity for the quarter that ended in Dec. 2023 was 0.05.

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

TSE:6677' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.26
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of SK-Electronics Co was 0.26. The lowest was 0.01. And the median was 0.07.

TSE:6677's Debt-to-Equity is ranked better than
83.95% of 2193 companies
in the Hardware industry
Industry Median: 0.28 vs TSE:6677: 0.05

SK-Electronics Co Debt-to-Equity Historical Data

The historical data trend for SK-Electronics 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.

SK-Electronics Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

0.03

0.20

0.14

0.08

0.05

SK-Electronics Co 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																0.08	0.07	0.06	0.05	0.05

Competitive Comparison

For the Electronic Components subindustry, SK-Electronics 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.

SK-Electronics Co Debt-to-Equity Distribution

For the Hardware industry and Technology sector, SK-Electronics Co's Debt-to-Equity distribution charts can be found below:

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

SK-Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SK-Electronics Co's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(800	+	800)	/	31620.239
	=	0.05

SK-Electronics 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
	=	(800	+	600)	/	30235.763
	=	0.05

SK-Electronics Co (TSE:6677) 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.

SK-Electronics Co Debt-to-Equity Related Terms

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SK-Electronics Co (TSE:6677) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SK-Electronics Co Ltd (TSE:6677) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kyoto-ku Nagori Higashi-Horiba Ichijo Le 432, Kamigyo-ku, Tomitomita cho, Kyoto, JPN, 602-0955

Website

http://www.sk-el.co.jp

SK-Electronics CO., LTD. manufactures and sells large photomasks for liquid crystal displays and electric devices. The company also manufactures various circuit inspection boards.

SK-Electronics Co (TSE:6677) Headlines

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