DB HiTek Co (XKRX:000990) Debt-to-Equity : 0.07 (As of Dec. 2023)

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What is DB HiTek Co Debt-to-Equity?

DB HiTek Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩40,613 Mil. DB HiTek Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩74,339 Mil. DB HiTek Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩1,740,082 Mil. DB HiTek Co's debt to equity for the quarter that ended in Dec. 2023 was 0.07.

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

XKRX:000990' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.47 Max: 5.46
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of DB HiTek Co was 5.46. The lowest was 0.07. And the median was 0.47.

XKRX:000990's Debt-to-Equity is ranked better than
76.32% of 874 companies
in the Semiconductors industry
Industry Median: 0.27 vs XKRX:000990: 0.07

DB HiTek Co Debt-to-Equity Historical Data

The historical data trend for DB HiTek 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.

DB HiTek Co Debt-to-Equity Chart

DB HiTek Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.39

0.22

0.16

0.09

0.07

DB HiTek 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															0.09	0.07	0.06	0.05	0.07

Competitive Comparison of DB HiTek Co's Debt-to-Equity

For the Semiconductors subindustry, DB HiTek 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.

DB HiTek Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, DB HiTek Co's Debt-to-Equity distribution charts can be found below:

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

DB HiTek Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DB HiTek 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
	=	(40612.711	+	74338.894)	/	1740082.438
	=	0.07

DB HiTek 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
	=	(40612.711	+	74338.894)	/	1740082.438
	=	0.07

DB HiTek Co (XKRX:000990) 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.

DB HiTek Co Debt-to-Equity Related Terms

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DB HiTek Co (XKRX:000990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » DB HiTek Co Ltd (XKRX:000990) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

90, Sudo-ro, Gyeonggi-do, Bucheon-si, KOR, 135-523

Website

http://www.dbhitek.co.kr

DB HiTek Co Ltd operates foundry facilities for the semiconductor industry. It primarily builds fab system-large scale integration wafers used in signal processing chips. The company uses wafer processing technology to develop chip solutions for electronic products such as televisions, computers, mobile phones, and automobiles. Dongbu Hitek's facilities add value in the areas of analog, power, embedded flash, display driver integrated circuits and image sensors. Through a network of global sales offices and support centers, the company brings its services to North America, Europe, and Asia.

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