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GMB Korea (XKRX:013870) Debt-to-Equity : 0.73 (As of Dec. 2024)


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What is GMB Korea Debt-to-Equity?

GMB Korea's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩193,982 Mil. GMB Korea's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩4,850 Mil. GMB Korea's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩273,764 Mil. GMB Korea's debt to equity for the quarter that ended in Dec. 2024 was 0.73.

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 GMB Korea's Debt-to-Equity or its related term are showing as below:

XKRX:013870' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58   Med: 0.65   Max: 0.73
Current: 0.73

During the past 13 years, the highest Debt-to-Equity Ratio of GMB Korea was 0.73. The lowest was 0.58. And the median was 0.65.

XKRX:013870's Debt-to-Equity is ranked worse than
64.71% of 1193 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs XKRX:013870: 0.73

GMB Korea Debt-to-Equity Historical Data

The historical data trend for GMB Korea'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.

GMB Korea Debt-to-Equity Chart

GMB Korea Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.71 0.66 0.71 0.73

GMB Korea Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.71 0.77 0.76 0.79 0.73

Competitive Comparison of GMB Korea's Debt-to-Equity

For the Auto Parts subindustry, GMB Korea'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.


GMB Korea's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

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


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GMB Korea Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GMB Korea's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

GMB Korea's Debt to Equity Ratio for the quarter that ended in Dec. 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.


GMB Korea  (XKRX:013870) 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.


GMB Korea Debt-to-Equity Related Terms

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


GMB Korea Business Description

Traded in Other Exchanges
N/A
Address
618, Ungnam-ro(Seongsan-dong), Seongsan-gu, Changwon-si, Gyeongsangnam-do, KOR, 642315
GMB Korea Corp manufactures parts and accessories for motor vehicles which include engine parts, auto parts, chassis parts, bearing parts, and green energy parts. Its products portfolio consists of water pumps, socket, oil pump, spool valve, hydraulic pressure piston, cage, tripped joint, ball bearing etc.

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