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Ace & Partners (XKRX:032930) Debt-to-Equity : 0.15 (As of Sep. 2011)


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What is Ace & Partners Debt-to-Equity?

Ace & Partners's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2011 was ₩11,300 Mil. Ace & Partners's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2011 was ₩0 Mil. Ace & Partners's Total Stockholders Equity for the quarter that ended in Sep. 2011 was ₩75,866 Mil. Ace & Partners's debt to equity for the quarter that ended in Sep. 2011 was 0.15.

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 Ace & Partners's Debt-to-Equity or its related term are showing as below:

XKRX:032930's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Ace & Partners Debt-to-Equity Historical Data

The historical data trend for Ace & Partners'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.

Ace & Partners Debt-to-Equity Chart

Ace & Partners Annual Data
Trend Dec07 Dec08 Dec09
Debt-to-Equity
0.31 0.38 0.40

Ace & Partners Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 0.09 0.03 0.02 0.15 0.15

Competitive Comparison of Ace & Partners's Debt-to-Equity

For the Communication Equipment subindustry, Ace & Partners'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.


Ace & Partners's Debt-to-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where Ace & Partners's Debt-to-Equity falls into.



Ace & Partners Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ace & Partners's Debt to Equity Ratio for the fiscal year that ended in Dec. 2009 is calculated as

Ace & Partners's Debt to Equity Ratio for the quarter that ended in Sep. 2011 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.


Ace & Partners  (XKRX:032930) 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.


Ace & Partners Debt-to-Equity Related Terms

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


Ace & Partners (XKRX:032930) Business Description

Traded in Other Exchanges
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Address
Website
Ace & Partners Corp operates in the Radio & TV communications equipment sector.

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