Hansol Technics (XKRX:004710) Debt-to-Equity : 0.88 (As of Dec. 2023)

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What is Hansol Technics Debt-to-Equity?

Hansol Technics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩206,259 Mil. Hansol Technics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩99,054 Mil. Hansol Technics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩346,281 Mil. Hansol Technics's debt to equity for the quarter that ended in Dec. 2023 was 0.88.

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 Hansol Technics's Debt-to-Equity or its related term are showing as below:

XKRX:004710' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.83 Max: 1.34
Current: 0.88

During the past 13 years, the highest Debt-to-Equity Ratio of Hansol Technics was 1.34. The lowest was 0.45. And the median was 0.83.

XKRX:004710's Debt-to-Equity is ranked worse than
83.12% of 2198 companies
in the Hardware industry
Industry Median: 0.28 vs XKRX:004710: 0.88

Hansol Technics Debt-to-Equity Historical Data

The historical data trend for Hansol Technics'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.

Hansol Technics Debt-to-Equity Chart

Hansol Technics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.45

0.53

1.03

1.34

0.88

Hansol Technics 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															1.34	1.20	1.08	0.89	0.88

Competitive Comparison of Hansol Technics's Debt-to-Equity

For the Electronic Components subindustry, Hansol Technics'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.

Hansol Technics's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Hansol Technics's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hansol Technics's Debt-to-Equity falls into.

Hansol Technics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hansol Technics'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
	=	(206258.813	+	99054.442)	/	346281.256
	=	0.88

Hansol Technics'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
	=	(206258.813	+	99054.442)	/	346281.256
	=	0.88

Hansol Technics (XKRX:004710) 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.

Hansol Technics Debt-to-Equity Related Terms

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Hansol Technics (XKRX:004710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hansol Technics (XKRX:004710) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Euljiro 2-ga, 5th Floor, B-Pine Avenue Building, Jung-gu, Seoul, KOR

Website

http://www.hansoltechnics.com

Hansol Technics Co., LTD. is a Korea-based company mainly engaged in the manufacture and marketing of electronic components. It manufactures backlight units for thin film transistor-liquid crystal displays (TFT-LCDs), which are used for televisions, laptops, and others, as well as light-emitting diode (LED) wafers and LED ingots, inverters, and solar modules. All the business activity of the group is functioned through the region of Korea, and it distributes products within Korea and too overseas markets.

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