Hanon Systems (XKRX:018880) Debt-to-Equity : 1.75 (As of Dec. 2023)

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What is Hanon Systems Debt-to-Equity?

Hanon Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩1,467,259 Mil. Hanon Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩2,679,147 Mil. Hanon Systems's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩2,371,695 Mil. Hanon Systems's debt to equity for the quarter that ended in Dec. 2023 was 1.75.

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 Hanon Systems's Debt-to-Equity or its related term are showing as below:

XKRX:018880' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 1.03 Max: 1.91
Current: 1.75

During the past 13 years, the highest Debt-to-Equity Ratio of Hanon Systems was 1.91. The lowest was 0.23. And the median was 1.03.

XKRX:018880's Debt-to-Equity is ranked worse than
89.51% of 1173 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs XKRX:018880: 1.75

Hanon Systems Debt-to-Equity Historical Data

The historical data trend for Hanon Systems'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.

Hanon Systems Debt-to-Equity Chart

Hanon Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.23

1.62

1.59

1.91

1.75

Hanon Systems 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															1.91	1.78	1.56	1.71	1.75

Competitive Comparison of Hanon Systems's Debt-to-Equity

For the Auto Parts subindustry, Hanon Systems'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.

Hanon Systems's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

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

Hanon Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hanon Systems'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
	=	(1467259.056	+	2679147.11)	/	2371695.429
	=	1.75

Hanon Systems'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
	=	(1467259.056	+	2679147.11)	/	2371695.429
	=	1.75

Hanon Systems (XKRX:018880) 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.

Hanon Systems Debt-to-Equity Related Terms

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Hanon Systems (XKRX:018880) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Hanon Systems (XKRX:018880) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

95, Sinilseo-ro, Daedeok-gu, Daejeon, KOR

Website

http://www.hanonsystems.com

Hanon Systems offers a wide range of thermal and energy management solutions. The company supplies products and systems for automotive applications including heating ventilation and air conditioning; powertrain cooling; compressors; fluid transport; and thermal and emissions solutions for conventional, electric, hybrid, fuel cell and autonomous vehicles. Business operations of the company are functioned through Europe, India, Thailand, South Africa, China, Korea, Japan, and the Americas. Also, the company manufactures and supplies components and systems for electrical machines and other industries.

Hanon Systems (XKRX:018880) Headlines

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