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Hecto Financial Co (XKRX:234340) Debt-to-Equity : 0.02 (As of Dec. 2023)


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What is Hecto Financial Co Debt-to-Equity?

Hecto Financial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩2,412 Mil. Hecto Financial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩783 Mil. Hecto Financial Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩137,439 Mil. Hecto Financial Co's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

XKRX:234340' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.04
Current: 0.02

During the past 11 years, the highest Debt-to-Equity Ratio of Hecto Financial Co was 0.04. The lowest was 0.00. And the median was 0.01.

XKRX:234340's Debt-to-Equity is ranked better than
92.18% of 2224 companies
in the Software industry
Industry Median: 0.21 vs XKRX:234340: 0.02

Hecto Financial Co Debt-to-Equity Historical Data

The historical data trend for Hecto Financial 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.

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Hecto Financial Co Debt-to-Equity Chart

Hecto Financial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 0.04 0.02

Hecto Financial Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.04 0.03 0.03 0.02 0.02

Competitive Comparison of Hecto Financial Co's Debt-to-Equity

For the Software - Infrastructure subindustry, Hecto Financial 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.


Hecto Financial Co's Debt-to-Equity Distribution in the Software Industry

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

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



Hecto Financial Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hecto Financial Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hecto Financial Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Hecto Financial Co  (XKRX:234340) 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.


Hecto Financial Co Debt-to-Equity Related Terms

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


Hecto Financial Co (XKRX:234340) Business Description

Traded in Other Exchanges
N/A
Address
Teheran-ro 34, Gil 6, 9, Gangnam-gu, 10th Floor, Yeoksam-dong, Taekwang Tower, Seoul, KOR, 06220
Hecto Financial Co Ltd is engaged in providing online payment based system. It provides services such as Real-time bank transfer, Virtual Account, Mobile phone billing, Gift Vouchers and Online payment through credit card.

Hecto Financial Co (XKRX:234340) Headlines

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