CIAAT Co (XKRX:103660) Debt-to-Equity : -3.53 (As of Dec. 2022)

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What is CIAAT Co Debt-to-Equity?

CIAAT Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₩17,256 Mil. CIAAT Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₩1,354 Mil. CIAAT Co's Total Stockholders Equity for the quarter that ended in Dec. 2022 was ₩-5,270 Mil. CIAAT Co's debt to equity for the quarter that ended in Dec. 2022 was -3.53.

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

XKRX:103660' s Debt-to-Equity Range Over the Past 10 Years
Min: -6.14 Med: -3.74 Max: -3.53
Current: -3.53

During the past 4 years, the highest Debt-to-Equity Ratio of CIAAT Co was -3.53. The lowest was -6.14. And the median was -3.74.

XKRX:103660's Debt-to-Equity is not ranked
in the Chemicals industry.
Industry Median: 0.36 vs XKRX:103660: -3.53

CIAAT Co Debt-to-Equity Historical Data

The historical data trend for CIAAT 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.

CIAAT Co Debt-to-Equity Chart

CIAAT Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

-3.58

-6.14

-3.90

-3.53

CIAAT Co Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22
Debt-to-Equity	-3.58	-6.14	-3.90	-3.53

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

For the Specialty Chemicals subindustry, CIAAT 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.

CIAAT Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CIAAT Co's Debt-to-Equity distribution charts can be found below:

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

CIAAT Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CIAAT Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(17256.327	+	1354.128)	/	-5269.977
	=	-3.53

CIAAT Co's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(17256.327	+	1354.128)	/	-5269.977
	=	-3.53

CIAAT Co (XKRX:103660) 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.

CIAAT Co Debt-to-Equity Related Terms

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CIAAT Co (XKRX:103660) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CIAAT Co Ltd (XKRX:103660) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

926 Woljeon-Dong, Gwangsan-gu, Gwangju, KOR, 506-501

Website

http://www.ciaat.net

CIAAT Co Ltd is engaged in the manufacturing of printing papers and ink ribbon used to form dye sublimation printing technology. It offers award-consuming photo printing photo printer, card field with colored ribbons and holographic. The products offered by the company includes 58, 60 and 100mm width color ribbon, 2,3,5,6,7 panel D2T2 ribbons, monochrome and others.

CIAAT Co (XKRX:103660) Headlines

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