Mirae Asset Venture Investment Co (XKRX:100790) Debt-to-Equity : 0.04 (As of Dec. 2024)

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What is Mirae Asset Venture Investment Co Debt-to-Equity?

Mirae Asset Venture Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩0 Mil. Mirae Asset Venture Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩13,000 Mil. Mirae Asset Venture Investment Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩351,922 Mil. Mirae Asset Venture Investment Co's debt to equity for the quarter that ended in Dec. 2024 was 0.04.

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 Mirae Asset Venture Investment Co's Debt-to-Equity or its related term are showing as below:

XKRX:100790' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.12
Current: 0.04

During the past 7 years, the highest Debt-to-Equity Ratio of Mirae Asset Venture Investment Co was 0.12. The lowest was 0.02. And the median was 0.06.

XKRX:100790's Debt-to-Equity is ranked better than
84.69% of 973 companies
in the Asset Management industry
Industry Median: 0.19 vs XKRX:100790: 0.04

Mirae Asset Venture Investment Co Debt-to-Equity Historical Data

The historical data trend for Mirae Asset Venture Investment 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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Mirae Asset Venture Investment Co Debt-to-Equity Chart

Mirae Asset Venture Investment Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.11

0.06

Mirae Asset Venture Investment 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															0.06	0.05	0.04	0.04	0.04

Competitive Comparison of Mirae Asset Venture Investment Co's Debt-to-Equity

For the Asset Management subindustry, Mirae Asset Venture Investment 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.

Mirae Asset Venture Investment Co's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mirae Asset Venture Investment Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Mirae Asset Venture Investment Co's Debt-to-Equity falls into.

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Mirae Asset Venture Investment Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mirae Asset Venture Investment 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
	=	(0	+	19166.54)	/	342356.661
	=	0.06

Mirae Asset Venture Investment 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
	=	(0	+	13000)	/	351921.677
	=	0.04

Mirae Asset Venture Investment Co (XKRX:100790) 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.

Mirae Asset Venture Investment Co Debt-to-Equity Related Terms

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

Mirae Asset Venture Investment Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mirae Asset Venture Investment Co Ltd (XKRX:100790) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

20, Pangyoyeok-ro 241beon-gil, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR

Website

http://venture.miraeasset.co.kr

Mirae Asset Venture Investment Co Ltd is a company which provides start-up investment support for small and medium-sized businesses and consulting services for excellent companies in the early stages, and small-cap small and medium-sized enterprises through private equity fund based on the Capital Markets Act.

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