Bookook Securities Co (XKRX:001270) Debt-to-Equity : 0.85 (As of Sep. 2024)

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What is Bookook Securities Co Debt-to-Equity?

Bookook Securities Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩0 Mil. Bookook Securities Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩651,640 Mil. Bookook Securities Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₩770,826 Mil. Bookook Securities Co's debt to equity for the quarter that ended in Sep. 2024 was 0.85.

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

XKRX:001270' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.77 Max: 1.85
Current: 0.85

During the past 13 years, the highest Debt-to-Equity Ratio of Bookook Securities Co was 1.85. The lowest was 0.15. And the median was 0.77.

XKRX:001270's Debt-to-Equity is ranked worse than
69.67% of 600 companies
in the Capital Markets industry
Industry Median: 0.295 vs XKRX:001270: 0.85

Bookook Securities Co Debt-to-Equity Historical Data

The historical data trend for Bookook Securities 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.

Bookook Securities Co Debt-to-Equity Chart

Bookook Securities Co Annual Data

Trend

Mar14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.54

0.56

0.32

0.33

0.34

Bookook Securities Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.80	0.34	0.78	0.75	0.85

Competitive Comparison of Bookook Securities Co's Debt-to-Equity

For the Capital Markets subindustry, Bookook Securities 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.

Bookook Securities Co's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bookook Securities Co's Debt-to-Equity distribution charts can be found below:

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

Bookook Securities Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bookook Securities 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
	=	(0	+	256185.879)	/	757822.122
	=	0.34

Bookook Securities Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0	+	651640.464)	/	770825.598
	=	0.85

Bookook Securities Co (XKRX:001270) 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.

Bookook Securities Co Debt-to-Equity Related Terms

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Bookook Securities Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bookook Securities Co Ltd (XKRX:001270) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

001275:Korea

Address

Yeouido-dong, Yeongdeungpo-gu, Seoul, KOR

Website

http://www.bookook.co.kr

Bookook Securities Co Ltd is a Korean financial services corporation. Bookook offers recordkeeping, financial reporting, trade execution, currency conversion and participant support for stock options. It operates in the areas of retail brokerage, institutional brokerage, financial product sales, corporate finance, project financing, and structured financing business. It also provides underwriting services, merger and acquisition services to the clients.

Bookook Securities Co Headlines

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