Jinro Distillers Co (XKRX:018120) Debt-to-Equity : 0.00 (As of Mar. 2024)

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

What is Jinro Distillers Co Debt-to-Equity?

Jinro Distillers Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩42 Mil. Jinro Distillers Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩42 Mil. Jinro Distillers Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩74,601 Mil. Jinro Distillers Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Jinro Distillers Co was 0.10. The lowest was 0.00. And the median was 0.01.

XKRX:018120's Debt-to-Equity is not ranked ^*
in the Beverages - Alcoholic industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

Jinro Distillers Co Debt-to-Equity Historical Data

The historical data trend for Jinro Distillers 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.

Jinro Distillers Co Debt-to-Equity Chart

Jinro Distillers Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.09

0.06

Jinro Distillers 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															0.09	-	-	0.06	-

Competitive Comparison of Jinro Distillers Co's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Jinro Distillers 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.

Jinro Distillers Co's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jinro Distillers Co's Debt-to-Equity distribution charts can be found below:

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

Jinro Distillers Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jinro Distillers 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
	=	(4386.001	+	42)	/	76462.862
	=	0.06

Jinro Distillers 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
	=	(42	+	42)	/	74601.491
	=	0.00

Jinro Distillers Co (XKRX:018120) 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.

Jinro Distillers Co Debt-to-Equity Related Terms

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

Jinro Distillers Co (XKRX:018120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Jinro Distillers Co Ltd (XKRX:018120) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

650 Chochi-Dong, Danwon-Gu, Ansan, Gyeonggi, KOR, 425-080

Website

http://www.cleancohol.com

Jinro Distillers Co Ltd is a South Korea-based company engaged in the manufacturing of ethanol. It produces fermented ethanol and refined ethanol used as raw materials for distilled spirits. The company is also involved in the manufacturing of alcohol disinfectants, including household-type disinfectants and industrial disinfectants, which are used as sanitary sterilizing preparations.

Jinro Distillers Co (XKRX:018120) Headlines

No Headlines