Daewon Co (XKRX:007680) Debt-to-Equity : 0.30 (As of Dec. 2023)

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What is Daewon Co Debt-to-Equity?

Daewon Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩46,683 Mil. Daewon Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩36,833 Mil. Daewon Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩280,746 Mil. Daewon Co's debt to equity for the quarter that ended in Dec. 2023 was 0.30.

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

XKRX:007680' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.19 Max: 0.38
Current: 0.3

During the past 8 years, the highest Debt-to-Equity Ratio of Daewon Co was 0.38. The lowest was 0.16. And the median was 0.19.

XKRX:007680's Debt-to-Equity is ranked better than
66.31% of 472 companies
in the Conglomerates industry
Industry Median: 0.555 vs XKRX:007680: 0.30

Daewon Co Debt-to-Equity Historical Data

The historical data trend for Daewon 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.

Daewon Co Debt-to-Equity Chart

Daewon Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.38

0.37

0.18

0.16

0.30

Daewon 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	Get a 7-Day Free Trial															0.16	0.15	0.17	0.24	0.30

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

For the Conglomerates subindustry, Daewon 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.

Daewon Co's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Daewon Co's Debt-to-Equity distribution charts can be found below:

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

Daewon Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Daewon 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
	=	(46683.053	+	36833.325)	/	280745.735
	=	0.30

Daewon 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
	=	(46683.053	+	36833.325)	/	280745.735
	=	0.30

Daewon Co (XKRX:007680) 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.

Daewon Co Debt-to-Equity Related Terms

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

Daewon Co (XKRX:007680) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Daewon Co Ltd (XKRX:007680) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

140-40 Songjeong-dong, Heungdeok-gu, Chungcheongbuk-do, Cheongju, KOR

Website

http://www.daewon.co.kr

Daewon Co Ltd is a diversified business company. It operates in overseas business, textile, and construction work business divisions. Its overseas business includes housing development and residential apartment complex construction projects in Vietnam. Textile business is engaged in production line facilities including weaving and dyeing. Construction work business is engaged in the development of residential apartments.

Daewon Co (XKRX:007680) Headlines

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