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DAECHANG SOLUTION Co (XKRX:096350) Debt-to-Equity : 2.00 (As of Jun. 2024)


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What is DAECHANG SOLUTION Co Debt-to-Equity?

DAECHANG SOLUTION Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₩42,897 Mil. DAECHANG SOLUTION Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₩20,175 Mil. DAECHANG SOLUTION Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ₩31,546 Mil. DAECHANG SOLUTION Co's debt to equity for the quarter that ended in Jun. 2024 was 2.00.

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

XKRX:096350' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.88   Med: 1.3   Max: 2.25
Current: 2

During the past 13 years, the highest Debt-to-Equity Ratio of DAECHANG SOLUTION Co was 2.25. The lowest was 0.88. And the median was 1.30.

XKRX:096350's Debt-to-Equity is ranked worse than
90.49% of 263 companies
in the Aerospace & Defense industry
Industry Median: 0.37 vs XKRX:096350: 2.00

DAECHANG SOLUTION Co Debt-to-Equity Historical Data

The historical data trend for DAECHANG SOLUTION 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.

DAECHANG SOLUTION Co Debt-to-Equity Chart

DAECHANG SOLUTION 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 1.00 1.42 1.82 2.25 1.99

DAECHANG SOLUTION Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.98 1.99 1.99 1.99 2.00

Competitive Comparison of DAECHANG SOLUTION Co's Debt-to-Equity

For the Aerospace & Defense subindustry, DAECHANG SOLUTION 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.


DAECHANG SOLUTION Co's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, DAECHANG SOLUTION Co's Debt-to-Equity distribution charts can be found below:

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



DAECHANG SOLUTION Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

DAECHANG SOLUTION Co's Debt to Equity Ratio for the quarter that ended in Jun. 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.


DAECHANG SOLUTION Co  (XKRX:096350) 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.


DAECHANG SOLUTION Co Debt-to-Equity Related Terms

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DAECHANG SOLUTION Co Business Description

Traded in Other Exchanges
N/A
Address
508-5, Dadae-dong, Saha-gu, Busan, KOR, 604-050
DAECHANG SOLUTION Co Ltd manufactures and sells cast steel products. Major items are components for ship engines, generator equipments, industrial machines.

DAECHANG SOLUTION Co Headlines

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