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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 Korshynov Mining Plant PJSC's Debt-to-Equity or its related term are showing as below:
MIC:KOGK's Debt-to-Equity is not ranked *
in the Steel industry.
Industry Median: 0.4 * Ranked among companies with meaningful Debt-to-Equity only.
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.
Korshynov Mining Plant PJSC Debt-to-Equity Related Terms
Korshynov Mining Plant PJSC Debt-to-Equity Historical Data
* 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.
MIC:KOGK vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, Korshynov Mining Plant PJSC'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.
Korshynov Mining Plant PJSC Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Korshynov Mining Plant PJSC's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Korshynov Mining Plant PJSC's Debt-to-Equity falls into.
* 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.
Korshynov Mining Plant PJSC (MIC:KOGK) has a Debt-to-Equity of 0.03 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Korshynov Mining Plant PJSC and its competitors.
Is Korshynov Mining Plant PJSC's Debt-to-Equity too high?
Korshynov Mining Plant PJSC's current Debt-to-Equity is 0.03. The Steel industry median Debt-to-Equity is 0.40. Korshynov Mining Plant PJSC's value of 0.03 is 92.5% below this industry median. Overall, Korshynov Mining Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Korshynov Mining Plant PJSC's Debt-to-Equity compare to NUE and STLD?
Korshynov Mining Plant PJSC's Debt-to-Equity of 0.03 can be compared against companies in the Steel industry. The industry median Debt-to-Equity is 0.40. Korshynov Mining Plant PJSC's value of 0.03 is 92.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Steel company?
The median Debt-to-Equity among Steel companies is 0.40, based on 548 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Korshynov Mining Plant PJSC's current Debt-to-Equity of 0.03 is 92.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Korshynov Mining Plant PJSC and its competitors. For the Steel industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korshynov Mining Plant PJSC's current Debt-to-Equity is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korshynov Mining Plant PJSC stock overvalued right now?
Korshynov Mining Plant PJSC (MIC:KOGK) has a current Debt-to-Equity of 0.03. The current Debt-to-Equity is 0.03 and 92.5% below the Steel industry median of 0.40. Korshynov Mining Plant PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Korshynov Mining Plant PJSC (MIC:KOGK), the current Debt-to-Equity is 0.03 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
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