Welkeeps Hitech Co (XKRX:043590) Debt-to-Equity : 0.32 (As of Dec. 2024)

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What is Welkeeps Hitech Co Debt-to-Equity?

Welkeeps Hitech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩4,980 Mil. Welkeeps Hitech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩7,160 Mil. Welkeeps Hitech Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩38,101 Mil. Welkeeps Hitech Co's debt to equity for the quarter that ended in Dec. 2024 was 0.32.

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

XKRX:043590' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.37 Max: 0.99
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Welkeeps Hitech Co was 0.99. The lowest was 0.00. And the median was 0.37.

XKRX:043590's Debt-to-Equity is ranked worse than
53.33% of 2175 companies
in the Hardware industry
Industry Median: 0.28 vs XKRX:043590: 0.32

Welkeeps Hitech Co Debt-to-Equity Historical Data

The historical data trend for Welkeeps Hitech 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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Welkeeps Hitech Co Debt-to-Equity Chart

Welkeeps Hitech Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.12

0.01

0.32

Welkeeps Hitech 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															-	0.29	0.33	0.31	0.32

Competitive Comparison of Welkeeps Hitech Co's Debt-to-Equity

For the Electronic Components subindustry, Welkeeps Hitech 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.

Welkeeps Hitech Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

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Welkeeps Hitech Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Welkeeps Hitech Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(4980.211	+	7159.705)	/	38100.962
	=	0.32

Welkeeps Hitech Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(4980.211	+	7159.705)	/	38100.962
	=	0.32

Welkeeps Hitech Co (XKRX:043590) 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.

Welkeeps Hitech Co Debt-to-Equity Related Terms

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Welkeeps Hitech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Welkeeps Hitech Co Ltd (XKRX:043590) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

134 Sindumangok-ro, Gongdo-eup, , Gyeonggi-do, Anseong-si, KOR, 17558

Website

http://www.cloverhitech.com

Welkeeps Hitech Co Ltd is engaged in the production of display driver ICs and semiconductor packaging products, transformers and coils, and hard disk drives. It offers semiconductor ICs for mobile display; and semiconductor packaging products used in notebook and desktop PCs, LCD TVs, PDP TVs, and mobile phones and OLEDs.

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