GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dongsung FineTec Co Ltd (XKRX:033500) » Definitions » Debt-to-Equity

Dongsung FineTec Co (XKRX:033500) Debt-to-Equity : 0.25 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Dongsung FineTec Co Debt-to-Equity?

Dongsung FineTec Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩38,964 Mil. Dongsung FineTec Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩3,023 Mil. Dongsung FineTec Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩170,317 Mil. Dongsung FineTec Co's debt to equity for the quarter that ended in Mar. 2024 was 0.25.

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

XKRX:033500' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.89   Max: 1.33
Current: 0.25

During the past 13 years, the highest Debt-to-Equity Ratio of Dongsung FineTec Co was 1.33. The lowest was 0.24. And the median was 0.89.

XKRX:033500's Debt-to-Equity is ranked better than
60.24% of 1391 companies
in the Chemicals industry
Industry Median: 0.36 vs XKRX:033500: 0.25

Dongsung FineTec Co Debt-to-Equity Historical Data

The historical data trend for Dongsung FineTec 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.

Dongsung FineTec Co Debt-to-Equity Chart

Dongsung FineTec Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.56 0.47 0.47 0.24

Dongsung FineTec 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 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 0.60 0.70 0.61 0.24 0.25

Competitive Comparison of Dongsung FineTec Co's Debt-to-Equity

For the Chemicals subindustry, Dongsung FineTec 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.


Dongsung FineTec Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Dongsung FineTec Co's Debt-to-Equity distribution charts can be found below:

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



Dongsung FineTec Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dongsung FineTec Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dongsung FineTec Co's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Dongsung FineTec Co  (XKRX:033500) 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.


Dongsung FineTec Co Debt-to-Equity Related Terms

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


Dongsung FineTec Co (XKRX:033500) Business Description

Traded in Other Exchanges
N/A
Address
99, Sinsan-ro, Saha-gu, Busan, KOR, 456-843
Dongsung FineTec Co Ltd manufactures polyurethane system, ultralow-temperature cold insulation materials, metal panels, containers, and refrigerants.

Dongsung FineTec Co (XKRX:033500) Headlines

No Headlines