Taeyoung Engineeringnstruction Co (XKRX:009415.PFD) Debt-to-Equity : -5.33 (As of Mar. 2024)

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What is Taeyoung Engineeringnstruction Co Debt-to-Equity?

Taeyoung Engineeringnstruction Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩2,401,822.62 Mil. Taeyoung Engineeringnstruction Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩691,591.01 Mil. Taeyoung Engineeringnstruction Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩-580,436.37 Mil. Taeyoung Engineeringnstruction Co's debt to equity for the quarter that ended in Mar. 2024 was -5.33.

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

XKRX:009415.PFD' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.33 Med: 1.7 Max: 2.92
Current: -5.33

During the past 13 years, the highest Debt-to-Equity Ratio of Taeyoung Engineeringnstruction Co was 2.92. The lowest was -5.33. And the median was 1.70.

XKRX:009415.PFD's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.44 vs XKRX:009415.PFD: -5.33

Taeyoung Engineeringnstruction Co Debt-to-Equity Historical Data

The historical data trend for Taeyoung Engineeringnstruction 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.

Taeyoung Engineeringnstruction Co Debt-to-Equity Chart

Taeyoung Engineeringnstruction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.01

2.57

2.17

1.96

-5.06

Taeyoung Engineeringnstruction 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															2.69	2.77	2.91	-5.06	-5.33

Competitive Comparison of Taeyoung Engineeringnstruction Co's Debt-to-Equity

For the Engineering & Construction subindustry, Taeyoung Engineeringnstruction 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.

Taeyoung Engineeringnstruction Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Taeyoung Engineeringnstruction Co's Debt-to-Equity distribution charts can be found below:

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

Taeyoung Engineeringnstruction Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taeyoung Engineeringnstruction 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
	=	(2069270.324	+	790570.178)	/	-564755.657
	=	-5.06

Taeyoung Engineeringnstruction Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(2401822.618	+	691591.005)	/	-580436.37
	=	-5.33

Taeyoung Engineeringnstruction Co (XKRX:009415.PFD) 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.

Taeyoung Engineeringnstruction Co Debt-to-Equity Related Terms

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Taeyoung Engineeringnstruction Co (XKRX:009415.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Taeyoung Engineering & Construction Co Ltd (XKRX:009415.PFD) » Definitions » Debt-to-Equity

Traded in Other Exchanges

009410:Korea

Address

24, Jeongbalsan-ro, Janghang-dong, Ilsan-dong, Gyeonggi-do, Goyang-si, KOR

Website

http://www.taeyoung.com

Taeyoung Engineering & Construction Co Ltd is a construction company domiciled in South Korea. In addition to domestic operations, the company operates in Bangladesh, the United Arab Emirates, Vietnam, Oman, the United States, and China. The company operates within four segments, the largest of which is construction. This segment engages in the construction of roads, subways, railways, bridges, harbors, office buildings, government buildings, hospitals, and industrial complexes. The second-largest segment is broadcasting, which is responsible for the production and distribution of programs and content, as well as a media and advertising business. Other segments engage in environmental activities (such as waste treatment) and leisure projects (such as golf course construction).

Taeyoung Engineeringnstruction Co (XKRX:009415.PFD) Headlines

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