Yujin Technology Co (XKRX:240600) Debt-to-Equity : 0.32 (As of Mar. 2024)

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What is Yujin Technology Co Debt-to-Equity?

Yujin Technology Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩12,145 Mil. Yujin Technology Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩3,684 Mil. Yujin Technology Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩48,861 Mil. Yujin Technology Co's debt to equity for the quarter that ended in Mar. 2024 was 0.32.

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

XKRX:240600' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 1.22 Max: 5.88
Current: 0.32

During the past 3 years, the highest Debt-to-Equity Ratio of Yujin Technology Co was 5.88. The lowest was 0.32. And the median was 1.22.

XKRX:240600's Debt-to-Equity is ranked worse than
53.15% of 2623 companies
in the Industrial Products industry
Industry Median: 0.28 vs XKRX:240600: 0.32

Yujin Technology Co Debt-to-Equity Historical Data

The historical data trend for Yujin Technology 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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Yujin Technology Co Debt-to-Equity Chart

Yujin Technology Co Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

11.29

4.64

1.34

Yujin Technology Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial								1.10	1.07	0.94	0.34	0.32

Competitive Comparison of Yujin Technology Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Yujin Technology 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.

Yujin Technology Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yujin Technology Co's Debt-to-Equity distribution charts can be found below:

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

Yujin Technology Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Yujin Technology Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(16989.553	+	7320.029)	/	18199.241
	=	1.34

Yujin Technology 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
	=	(12145.171	+	3683.67)	/	48860.634
	=	0.32

Yujin Technology Co (XKRX:240600) 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.

Yujin Technology Co Debt-to-Equity Related Terms

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Yujin Technology Co (XKRX:240600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yujin Technology Co Ltd (XKRX:240600) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

42, 2sunhwan-ro, 742beon-gil, Heungdeok-gu, chungcheongbuk-do, Cheongju-si, KOR

Website

http://www.yujintechnology.com

Yujin Technology Co Ltd is a company who manufactures and supplies precision molds, precision mechanical parts, and automation equipment necessary for manufacturing secondary batteries, and is engaged in the business of producing and supplying lead tabs, a secondary battery materials.

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