ALT Co (XKRX:172670) Debt-to-Equity : 0.84 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is ALT Co Debt-to-Equity?

ALT Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩27,914 Mil. ALT Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩58,085 Mil. ALT Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩102,540 Mil. ALT Co's debt to equity for the quarter that ended in Mar. 2024 was 0.84.

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

XKRX:172670' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.82 Med: 0.87 Max: 1.42
Current: 0.84

During the past 2 years, the highest Debt-to-Equity Ratio of ALT Co was 1.42. The lowest was 0.82. And the median was 0.87.

XKRX:172670's Debt-to-Equity is ranked worse than
83.11% of 876 companies
in the Semiconductors industry
Industry Median: 0.26 vs XKRX:172670: 0.84

ALT Co Debt-to-Equity Historical Data

The historical data trend for ALT 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.

ALT Co Debt-to-Equity Chart

ALT Co Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

1.07

0.82

ALT Co Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			N/A	1.42	0.87	0.82	0.84

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

For the Semiconductors subindustry, ALT 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.

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

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

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

ALT Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ALT 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
	=	(29360.317	+	58634.287)	/	107102.685
	=	0.82

ALT Co's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(27914.377	+	58085.114)	/	102539.927
	=	0.84

ALT Co (XKRX:172670) 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.

ALT Co Debt-to-Equity Related Terms

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

ALT Co (XKRX:172670) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ALT Co Ltd (XKRX:172670) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

82-19 Sciencesaneop 1-ro, Oksan-myeon, Heungdeok-gu, Chungcheongbuk-do, Cheongju-si, KOR

Website

http://www.alt-s.kr

ALT Co Ltd offers testing in the post-process of the non-memory semiconductor value chain. Its main business is testing high-level products such as Display Drive IC, CMOS image sensors, and Power Management IC among non-memory semiconductor products.

ALT Co (XKRX:172670) Headlines

No Headlines