HanJung Natural Connectivity System Co (XKRX:107640) Debt-to-Equity : 5.41 (As of Dec. 2023)

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What is HanJung Natural Connectivity System Co Debt-to-Equity?

HanJung Natural Connectivity System Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩32,400 Mil. HanJung Natural Connectivity System Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩40,371 Mil. HanJung Natural Connectivity System Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩13,460 Mil. HanJung Natural Connectivity System Co's debt to equity for the quarter that ended in Dec. 2023 was 5.41.

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 HanJung Natural Connectivity System Co's Debt-to-Equity or its related term are showing as below:

XKRX:107640' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.51 Med: 2.41 Max: 5.41
Current: 5.41

During the past 11 years, the highest Debt-to-Equity Ratio of HanJung Natural Connectivity System Co was 5.41. The lowest was 1.51. And the median was 2.41.

XKRX:107640's Debt-to-Equity is ranked worse than
98.64% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs XKRX:107640: 5.41

HanJung Natural Connectivity System Co Debt-to-Equity Historical Data

The historical data trend for HanJung Natural Connectivity System 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.

HanJung Natural Connectivity System Co Debt-to-Equity Chart

HanJung Natural Connectivity System Co Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.10

2.79

2.62

2.48

5.41

HanJung Natural Connectivity System Co Semi-Annual Data
	Dec12	Dec13	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial						2.10	2.79	2.62	2.48	5.41

Competitive Comparison of HanJung Natural Connectivity System Co's Debt-to-Equity

For the Auto Parts subindustry, HanJung Natural Connectivity System 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.

HanJung Natural Connectivity System Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, HanJung Natural Connectivity System Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HanJung Natural Connectivity System Co's Debt-to-Equity falls into.

HanJung Natural Connectivity System Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HanJung Natural Connectivity System 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
	=	(32400.464	+	40370.884)	/	13459.722
	=	5.41

HanJung Natural Connectivity System Co's Debt to Equity Ratio for the quarter 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
	=	(32400.464	+	40370.884)	/	13459.722
	=	5.41

HanJung Natural Connectivity System Co (XKRX:107640) 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.

HanJung Natural Connectivity System Co Debt-to-Equity Related Terms

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HanJung Natural Connectivity System Co (XKRX:107640) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » HanJung Natural Connectivity System Co Ltd (XKRX:107640) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

9B1L Youngcheon General Industry Complex, Chaesin-Dong, Gyeongsangbuk-do, Yeongcheon-si, KOR, 770-160

Website

http://www.hjncs.com

HanJung Natural Connectivity System Co Ltd is an automobile parts manufacturer. The company offered products include head lamp shield, spare tire carrier, parking brake lever, weight classification system, auto levelling sensor, exhaust system, and injection mold, among others. The organization sells its products in Korea and other countries like Germany, India, China, USA and Mexico.

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