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Abco Electronics Co (XKRX:036010) Debt-to-Equity : 0.12 (As of Sep. 2024)


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What is Abco Electronics Co Debt-to-Equity?

Abco Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩5,000 Mil. Abco Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩8,000 Mil. Abco Electronics Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₩111,905 Mil. Abco Electronics Co's debt to equity for the quarter that ended in Sep. 2024 was 0.12.

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

XKRX:036010' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 0.25
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Abco Electronics Co was 0.25. The lowest was 0.01. And the median was 0.07.

XKRX:036010's Debt-to-Equity is ranked better than
70.21% of 2182 companies
in the Hardware industry
Industry Median: 0.29 vs XKRX:036010: 0.12

Abco Electronics Co Debt-to-Equity Historical Data

The historical data trend for Abco Electronics 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.

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Abco Electronics Co Debt-to-Equity Chart

Abco Electronics 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 0.02 0.02 0.02 0.02 0.10

Abco Electronics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.07 0.10 0.12 0.12 0.12

Competitive Comparison of Abco Electronics Co's Debt-to-Equity

For the Electronic Components subindustry, Abco Electronics 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.


Abco Electronics Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Abco Electronics Co's Debt-to-Equity distribution charts can be found below:

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



Abco Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Abco Electronics Co's Debt to Equity Ratio for the quarter that ended in Sep. 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.


Abco Electronics Co  (XKRX:036010) 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.


Abco Electronics Co Debt-to-Equity Related Terms

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


Abco Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
5448-4 Sangdaewon-Dong, Jungwon-Gu, Seongnam, Kyeonggi-Do, KOR, 462-120
Abco Electronics Co Ltd operates in the electronic components industry in South Korea. The company is engaged in manufacturing of electronic components like inductors, capacitors, and coils.

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