GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sangsangin Investment & Securities (XKRX:001290) » Definitions » Debt-to-Equity

Sangsangin Investment & Securities (XKRX:001290) Debt-to-Equity : 1.70 (As of Mar. 2024)


View and export this data going back to 1988. Start your Free Trial

What is Sangsangin Investment & Securities Debt-to-Equity?

Sangsangin Investment & Securities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0 Mil. Sangsangin Investment & Securities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩398,559 Mil. Sangsangin Investment & Securities's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩234,512 Mil. Sangsangin Investment & Securities's debt to equity for the quarter that ended in Mar. 2024 was 1.70.

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 Sangsangin Investment & Securities's Debt-to-Equity or its related term are showing as below:

XKRX:001290' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41   Med: 0.82   Max: 1.7
Current: 1.7

During the past 13 years, the highest Debt-to-Equity Ratio of Sangsangin Investment & Securities was 1.70. The lowest was 0.41. And the median was 0.82.

XKRX:001290's Debt-to-Equity is ranked worse than
85.53% of 608 companies
in the Capital Markets industry
Industry Median: 0.355 vs XKRX:001290: 1.70

Sangsangin Investment & Securities Debt-to-Equity Historical Data

The historical data trend for Sangsangin Investment & Securities'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.

Sangsangin Investment & Securities Debt-to-Equity Chart

Sangsangin Investment & Securities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.73 0.70 0.48 1.39

Sangsangin Investment & Securities 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 1.07 1.22 1.39 1.70

Competitive Comparison of Sangsangin Investment & Securities's Debt-to-Equity

For the Capital Markets subindustry, Sangsangin Investment & Securities'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.


Sangsangin Investment & Securities's Debt-to-Equity Distribution in the Capital Markets Industry

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

* The bar in red indicates where Sangsangin Investment & Securities's Debt-to-Equity falls into.



Sangsangin Investment & Securities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sangsangin Investment & Securities's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sangsangin Investment & Securities's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Sangsangin Investment & Securities  (XKRX:001290) 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.


Sangsangin Investment & Securities Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Sangsangin Investment & Securities's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Sangsangin Investment & Securities (XKRX:001290) Business Description

Traded in Other Exchanges
N/A
Address
50, Chungjeongno, Seodaemun-Ku, 5th Floor, Golden Bridge Building, Seoul, KOR, 120-708
Sangsangin Investment & Securities, formerly Golden Bridge Investment & Securities Co Ltd is a South Korea based company engages in the provision of investment and financial services and products. Its financial products include equities, bonds, securities, and derivatives.

Sangsangin Investment & Securities (XKRX:001290) Headlines

No Headlines