Top Engineering Co (XKRX:065130) Debt-to-Equity : 0.39 (As of Dec. 2024)

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What is Top Engineering Co Debt-to-Equity?

Top Engineering Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩72,613 Mil. Top Engineering Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩1,865 Mil. Top Engineering Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩192,715 Mil. Top Engineering Co's debt to equity for the quarter that ended in Dec. 2024 was 0.39.

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

XKRX:065130' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.43 Max: 0.61
Current: 0.39

During the past 13 years, the highest Debt-to-Equity Ratio of Top Engineering Co was 0.61. The lowest was 0.14. And the median was 0.43.

XKRX:065130's Debt-to-Equity is ranked worse than
60.2% of 882 companies
in the Semiconductors industry
Industry Median: 0.25 vs XKRX:065130: 0.39

Top Engineering Co Debt-to-Equity Historical Data

The historical data trend for Top Engineering 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.

Top Engineering Co Debt-to-Equity Chart

Top Engineering Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.49

0.61

0.50

0.39

Top Engineering 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															0.39	0.44	0.46	0.40	0.39

Competitive Comparison of Top Engineering Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Top Engineering 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.

Top Engineering Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Top Engineering Co's Debt-to-Equity distribution charts can be found below:

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

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Top Engineering Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Top Engineering 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
	=	(72613.078	+	1865.482)	/	192715.25
	=	0.39

Top Engineering 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
	=	(72613.078	+	1865.482)	/	192715.25
	=	0.39

Top Engineering Co (XKRX:065130) 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.

Top Engineering Co Debt-to-Equity Related Terms

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Top Engineering Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Top Engineering Co Ltd (XKRX:065130) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

60-3 Oro-ri Koah-myun, Kumi, Gyeonggi, KOR, 730-816

Website

http://www.topengnet.com

Top Engineering Co Ltd is a South Korean company operating in semiconductor equipment manufacturing industry. The products of the company include LCD equipment, LED equipment, camera module equipment, and test equipment.

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