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Kwang Myung Electric Co (XKRX:017040) Debt-to-Equity : 0.30 (As of Dec. 2024)


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What is Kwang Myung Electric Co Debt-to-Equity?

Kwang Myung Electric Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩7,542 Mil. Kwang Myung Electric Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩14,013 Mil. Kwang Myung Electric Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩72,286 Mil. Kwang Myung Electric Co's debt to equity for the quarter that ended in Dec. 2024 was 0.30.

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 Kwang Myung Electric Co's Debt-to-Equity or its related term are showing as below:

XKRX:017040' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.19   Max: 0.31
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of Kwang Myung Electric Co was 0.31. The lowest was 0.06. And the median was 0.19.

XKRX:017040's Debt-to-Equity is ranked worse than
51.7% of 2619 companies
in the Industrial Products industry
Industry Median: 0.28 vs XKRX:017040: 0.30

Kwang Myung Electric Co Debt-to-Equity Historical Data

The historical data trend for Kwang Myung Electric 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.

Kwang Myung Electric Co Debt-to-Equity Chart

Kwang Myung Electric Co 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 0.11 0.10 0.07 0.06 0.30

Kwang Myung Electric Co 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 0.06 0.21 0.23 0.20 0.30

Competitive Comparison of Kwang Myung Electric Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Kwang Myung Electric 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.


Kwang Myung Electric Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kwang Myung Electric Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kwang Myung Electric Co's Debt-to-Equity falls into.


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Kwang Myung Electric Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kwang Myung Electric Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Kwang Myung Electric Co'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.


Kwang Myung Electric Co  (XKRX:017040) 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.


Kwang Myung Electric Co Debt-to-Equity Related Terms

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Kwang Myung Electric Co Business Description

Traded in Other Exchanges
N/A
Address
160, Mongnae-ro Danwon-gu, Ansan-si, Gyeonggi, KOR, 15597
Kwang Myung Electric Co Ltd is a South Korea based company engages in the manufacturing of electrical components and switchgear. It offers electric transformers, gas insulated switchgear, protective relays and control boards, and electricity distribution boards.

Kwang Myung Electric Co Headlines

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