Korea Shipbuilding & Offshore Engineering (Korea Shipbuilding & Offshore Engineering) Debt-to-Equity : 0.34 (As of Mar. 2024)

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What is Korea Shipbuilding & Offshore Engineering Debt-to-Equity?

Korea Shipbuilding & Offshore Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,404 Mil. Korea Shipbuilding & Offshore Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,188 Mil. Korea Shipbuilding & Offshore Engineering's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $7,575 Mil. Korea Shipbuilding & Offshore Engineering's debt to equity for the quarter that ended in Mar. 2024 was 0.34.

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 Korea Shipbuilding & Offshore Engineering's Debt-to-Equity or its related term are showing as below:

HYHZF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.54 Max: 1.28
Current: 0.34

During the past 13 years, the highest Debt-to-Equity Ratio of Korea Shipbuilding & Offshore Engineering was 1.28. The lowest was 0.26. And the median was 0.54.

HYHZF's Debt-to-Equity is ranked better than
54.02% of 261 companies
in the Aerospace & Defense industry
Industry Median: 0.43 vs HYHZF: 0.34

Korea Shipbuilding & Offshore Engineering Debt-to-Equity Historical Data

The historical data trend for Korea Shipbuilding & Offshore Engineering'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.

Korea Shipbuilding & Offshore Engineering Debt-to-Equity Chart

Korea Shipbuilding & Offshore Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.44

0.57

0.51

0.41

Korea Shipbuilding & Offshore Engineering Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.40	0.43	0.41	0.41	0.34

Competitive Comparison of Korea Shipbuilding & Offshore Engineering's Debt-to-Equity

For the Aerospace & Defense subindustry, Korea Shipbuilding & Offshore Engineering'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.

Korea Shipbuilding & Offshore Engineering's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Korea Shipbuilding & Offshore Engineering's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Korea Shipbuilding & Offshore Engineering's Debt-to-Equity falls into.

Korea Shipbuilding & Offshore Engineering Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Korea Shipbuilding & Offshore Engineering'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
	=	(1725.966	+	1351.29)	/	7592.558
	=	0.41

Korea Shipbuilding & Offshore Engineering's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(1404.305	+	1187.525)	/	7574.566
	=	0.34

Korea Shipbuilding & Offshore Engineering (GREY:HYHZF) 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.

Korea Shipbuilding & Offshore Engineering Debt-to-Equity Related Terms

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Korea Shipbuilding & Offshore Engineering (Korea Shipbuilding & Offshore Engineering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Korea Shipbuilding & Offshore Engineering (GREY:HYHZF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

009540:Korea

Address

75, Yulgok-ro, Jongno-gu, Seoul, KOR, 03058

Website

http://www.ksoe.co.kr

HD Korea Shipbuilding & Offshore Engineering is one of the largest shipbuilding companies in the world. It has the capability to build various types of ships, including submarines, naval ships, and auxiliary service vessels. The company is an industrial conglomerate, and operates several business divisions including Shipbuilding, Offshore & Industrial Plant Engineering, Special & Naval Shipbuilding, Marine Engine & Machinery and Industrial Machinery & Energy.