GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PS Tec Co Ltd (XKRX:002230) » Definitions » Debt-to-Equity

PS Tec Co (XKRX:002230) Debt-to-Equity : 0.08 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is PS Tec Co Debt-to-Equity?

PS Tec Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩7,383 Mil. PS Tec Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩2,576 Mil. PS Tec Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩127,708 Mil. PS Tec Co's debt to equity for the quarter that ended in Mar. 2024 was 0.08.

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

XKRX:002230' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.08   Max: 0.12
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of PS Tec Co was 0.12. The lowest was 0.02. And the median was 0.08.

XKRX:002230's Debt-to-Equity is ranked better than
85.9% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs XKRX:002230: 0.08

PS Tec Co Debt-to-Equity Historical Data

The historical data trend for PS Tec 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.

PS Tec Co Debt-to-Equity Chart

PS Tec Co 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 0.11 0.08 0.09 0.09 0.09

PS Tec Co 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 0.09 0.09 0.09 0.09 0.08

Competitive Comparison of PS Tec Co's Debt-to-Equity

For the Auto Parts subindustry, PS Tec 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.


PS Tec Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PS Tec Co's Debt-to-Equity distribution charts can be found below:

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



PS Tec Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PS Tec Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

PS Tec Co'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.


PS Tec Co  (XKRX:002230) 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.


PS Tec Co Debt-to-Equity Related Terms

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


PS Tec Co (XKRX:002230) Business Description

Traded in Other Exchanges
N/A
Address
656-1693 Seongsu 1-ga, Seongdong-gu, Sungdong-Gu, Seoul, KOR, 133-110
PS Tec Co Ltd operates in the auto parts industry in South Korea. The products manufactured by the company include watt hour meter, remote meter reading system, gas meter, time position, current limiter, and mold management system.

PS Tec Co (XKRX:002230) Headlines

No Headlines