Korea Cast Iron Pipe Co (XKRX:000970) Debt-to-Equity : 0.01 (As of Dec. 2023)

Korea Cast Iron Pipe Co Debt-to-Equity Chart

Korea Cast Iron Pipe Co Annual Data
	Trend	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Dec21	Dec22
Debt-to-Equity		Get a 7-Day Free Trial					0.12	0.11	0.11	0.01	0.01

Korea Cast Iron Pipe Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of Korea Cast Iron Pipe Co's Debt-to-Equity

For the Steel subindustry, Korea Cast Iron Pipe 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.

Korea Cast Iron Pipe Co's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Korea Cast Iron Pipe Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Korea Cast Iron Pipe Co's Debt-to-Equity falls into.

Korea Cast Iron Pipe Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Korea Cast Iron Pipe Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Korea Cast Iron Pipe Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.

Korea Cast Iron Pipe Co  (XKRX:000970) 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 Cast Iron Pipe Co Debt-to-Equity Related Terms

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Korea Cast Iron Pipe Co (XKRX:000970) Business Description