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DaeChang Steel Co (XKRX:140520) Debt-to-Equity : 0.46 (As of Dec. 2024)


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What is DaeChang Steel Co Debt-to-Equity?

DaeChang Steel Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩63,510 Mil. DaeChang Steel Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩5,437 Mil. DaeChang Steel Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩149,469 Mil. DaeChang Steel Co's debt to equity for the quarter that ended in Dec. 2024 was 0.46.

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

XKRX:140520' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 1.15   Max: 1.29
Current: 0.46

During the past 12 years, the highest Debt-to-Equity Ratio of DaeChang Steel Co was 1.29. The lowest was 0.11. And the median was 1.15.

XKRX:140520's Debt-to-Equity is ranked worse than
51.9% of 553 companies
in the Steel industry
Industry Median: 0.44 vs XKRX:140520: 0.46

DaeChang Steel Co Debt-to-Equity Historical Data

The historical data trend for DaeChang Steel 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.

DaeChang Steel Co Debt-to-Equity Chart

DaeChang Steel Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.06 0.11 0.40 0.46

DaeChang Steel 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 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 0.40 0.44 0.52 0.38 0.46

Competitive Comparison of DaeChang Steel Co's Debt-to-Equity

For the Steel subindustry, DaeChang Steel 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.


DaeChang Steel Co's Debt-to-Equity Distribution in the Steel Industry

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

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


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DaeChang Steel Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

DaeChang Steel Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

DaeChang Steel Co's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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.


DaeChang Steel Co  (XKRX:140520) 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.


DaeChang Steel Co Debt-to-Equity Related Terms

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DaeChang Steel Co Business Description

Traded in Other Exchanges
N/A
Address
667-6, Gojan-dong Namdong-gu, Incheon, KOR
DaeChang Steel Co Ltd is engaged in manufacturing and marketing of steel sheet, steel panels, and access floors. The company stores and process steel products, manufacture wire ropes. It is also involved in real estate leasing service, trade and construction.

DaeChang Steel Co Headlines

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