Toptec Co (XKRX:108230) Debt-to-Equity : 0.22 (As of Dec. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Toptec Co Debt-to-Equity?

Toptec Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩74,434 Mil. Toptec Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩13,599 Mil. Toptec Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩403,565 Mil. Toptec Co's debt to equity for the quarter that ended in Dec. 2024 was 0.22.

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

XKRX:108230' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.13 Max: 0.36
Current: 0.22

During the past 13 years, the highest Debt-to-Equity Ratio of Toptec Co was 0.36. The lowest was 0.04. And the median was 0.13.

XKRX:108230's Debt-to-Equity is ranked better than
54.75% of 873 companies
in the Semiconductors industry
Industry Median: 0.26 vs XKRX:108230: 0.22

Toptec Co Debt-to-Equity Historical Data

The historical data trend for Toptec 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.

Toptec Co Debt-to-Equity Chart

Toptec Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

0.09

0.07

0.14

0.36

0.22

Toptec 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															0.36	0.25	0.20	0.20	0.22

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

For the Semiconductors subindustry, Toptec 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.

Toptec Co's Debt-to-Equity Distribution in the Semiconductors Industry

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

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

Save Embed

;

Save Embed

;

Toptec Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Toptec Co's Debt to Equity Ratio for the fiscal year 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
	=	(74433.788	+	13599.385)	/	403564.9
	=	0.22

Toptec 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
	=	(74433.788	+	13599.385)	/	403564.9
	=	0.22

Toptec Co (XKRX:108230) 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.

Toptec Co Debt-to-Equity Related Terms

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

Toptec Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Toptec Co Ltd (XKRX:108230) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

366, Bongsan-ri, Sandong-myeon, Gumi, KOR, 730-853

Website

http://www.toptec.co.kr

Toptec Co Ltd is a Korea based company engaged in automation equipment manufacturing, solar power and power generation business. It operates in three business divisions including FA business, Photovoltaic business, and Nano-related business. FA business offers products including module assembly equipment, battery pack assembly line, index system, scriber equipment, among others. Photovoltaic business is engaged in the sale of solar module sales and solar power plant development business. Nano business offers shielding film and nanomenbrane. The company generates the majority of the revenue from FA business.

Toptec Co Headlines

No Headlines