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Mcnex Co (XKRX:097520) Debt-to-Equity : 0.15 (As of Dec. 2023)


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What is Mcnex Co Debt-to-Equity?

Mcnex Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩48,401 Mil. Mcnex Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩377 Mil. Mcnex Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩323,613 Mil. Mcnex Co's debt to equity for the quarter that ended in Dec. 2023 was 0.15.

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

XKRX:097520' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15   Med: 0.59   Max: 2.42
Current: 0.15

During the past 12 years, the highest Debt-to-Equity Ratio of Mcnex Co was 2.42. The lowest was 0.15. And the median was 0.59.

XKRX:097520's Debt-to-Equity is ranked better than
66.24% of 2195 companies
in the Hardware industry
Industry Median: 0.28 vs XKRX:097520: 0.15

Mcnex Co Debt-to-Equity Historical Data

The historical data trend for Mcnex 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.

Mcnex Co Debt-to-Equity Chart

Mcnex 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 0.37 0.33 0.22 0.25 0.15

Mcnex Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.25 0.30 0.21 0.17 0.15

Competitive Comparison of Mcnex Co's Debt-to-Equity

For the Electronic Components subindustry, Mcnex 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.


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

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

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



Mcnex Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Mcnex Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Mcnex Co  (XKRX:097520) 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.


Mcnex Co Debt-to-Equity Related Terms

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


Mcnex Co (XKRX:097520) Business Description

Traded in Other Exchanges
N/A
Address
Hanshin IT Tower II, 60-18 6F 7F 8F 12F, Gasan-Dong Gumchun-Gu, Seoul, KOR, 153-800
Mcnex Co Ltd provides video solutions in all fields. It is engaged in the manufacturing and sales of video and other visual equipment business. Its business division includes mobile business, battlefield business, and ADAS business division. It offers camera modules for smartphones and portable handset devices; waterproof camera modules for automotive etc.

Mcnex Co (XKRX:097520) Headlines

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