HJ Shipbuildingnstruction Co (XKRX:097230) Debt-to-Equity : 1.53 (As of Sep. 2024)

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What is HJ Shipbuildingnstruction Co Debt-to-Equity?

HJ Shipbuildingnstruction Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩470,021 Mil. HJ Shipbuildingnstruction Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩88,921 Mil. HJ Shipbuildingnstruction Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₩365,642 Mil. HJ Shipbuildingnstruction Co's debt to equity for the quarter that ended in Sep. 2024 was 1.53.

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

XKRX:097230' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.36 Med: 2.69 Max: 5.67
Current: 1.53

During the past 13 years, the highest Debt-to-Equity Ratio of HJ Shipbuildingnstruction Co was 5.67. The lowest was -2.36. And the median was 2.69.

XKRX:097230's Debt-to-Equity is ranked worse than
87.27% of 267 companies
in the Aerospace & Defense industry
Industry Median: 0.37 vs XKRX:097230: 1.53

HJ Shipbuildingnstruction Co Debt-to-Equity Historical Data

The historical data trend for HJ Shipbuildingnstruction 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.

HJ Shipbuildingnstruction Co Debt-to-Equity Chart

HJ Shipbuildingnstruction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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4.57

2.74

2.02

2.18

2.26

HJ Shipbuildingnstruction 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															2.73	2.26	2.19	2.35	1.53

Competitive Comparison of HJ Shipbuildingnstruction Co's Debt-to-Equity

For the Aerospace & Defense subindustry, HJ Shipbuildingnstruction 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.

HJ Shipbuildingnstruction Co's Debt-to-Equity Distribution in the Aerospace & Defense Industry

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

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

HJ Shipbuildingnstruction Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HJ Shipbuildingnstruction Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(674168	+	97539)	/	340793
	=	2.26

HJ Shipbuildingnstruction Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(470021	+	88921)	/	365642
	=	1.53

HJ Shipbuildingnstruction Co (XKRX:097230) 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.

HJ Shipbuildingnstruction Co Debt-to-Equity Related Terms

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HJ Shipbuildingnstruction Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » HJ Shipbuilding & Construction Co Ltd (XKRX:097230) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

29-5-Ga Bongnae-dong, Yonungdo-gu, Busan, KOR, 606-796

Website

http://www.hhic-phil.com

HJ Shipbuilding & Construction Co Ltd formerly Hanjin Heavy Industries & Construction Co Ltd is engaged in the shipbuilding business. It operates through various business divisions: Shipbuilding, Construction, and Other. The Shipbuilding business provides a new ship, special ships, plant construction service, and repair ship. The Construction business offers civil-engineering works, architectural work, and plant construction. The services of Other business include leasing of real estate property.

HJ Shipbuildingnstruction Co Headlines

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