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MiCo BioMed Co (XKRX:214610) Debt-to-Equity : 0.83 (As of Dec. 2024)


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What is MiCo BioMed Co Debt-to-Equity?

MiCo BioMed Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩9,327 Mil. MiCo BioMed Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩12,081 Mil. MiCo BioMed Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩25,885 Mil. MiCo BioMed Co's debt to equity for the quarter that ended in Dec. 2024 was 0.83.

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

XKRX:214610' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.75   Max: 18.65
Current: 0.83

During the past 11 years, the highest Debt-to-Equity Ratio of MiCo BioMed Co was 18.65. The lowest was 0.12. And the median was 0.75.

XKRX:214610's Debt-to-Equity is ranked worse than
82.71% of 694 companies
in the Medical Devices & Instruments industry
Industry Median: 0.21 vs XKRX:214610: 0.83

MiCo BioMed Co Debt-to-Equity Historical Data

The historical data trend for MiCo BioMed 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.

MiCo BioMed Co Debt-to-Equity Chart

MiCo BioMed 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 0.12 0.42 1.32 0.37 0.83

MiCo BioMed 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 0.37 0.31 0.59 0.98 0.83

Competitive Comparison of MiCo BioMed Co's Debt-to-Equity

For the Medical Devices subindustry, MiCo BioMed 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.


MiCo BioMed Co's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, MiCo BioMed Co's Debt-to-Equity distribution charts can be found below:

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


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MiCo BioMed Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

MiCo BioMed 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.


MiCo BioMed Co  (XKRX:214610) 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.


MiCo BioMed Co Debt-to-Equity Related Terms

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MiCo BioMed Co Business Description

Traded in Other Exchanges
N/A
Address
815, Daewangpangyo-ro, Sujeong-gu, Gyeonggi-do, Seongnam-si, KOR
MiCo BioMed Co Ltd is engaged in developing Bio-Diagnostic Labchip technology, efficient bio-reagents, and portable mini High-Speed diagnostic equipment. It also manufactures medical device and precision instrument.

MiCo BioMed Co Headlines

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