Shin Heung Energy & Electronics Co (XKRX:243840) Debt-to-Equity : 1.28 (As of Dec. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Shin Heung Energy & Electronics Co Debt-to-Equity?

Shin Heung Energy & Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩236,825 Mil. Shin Heung Energy & Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩221,532 Mil. Shin Heung Energy & Electronics Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩358,404 Mil. Shin Heung Energy & Electronics Co's debt to equity for the quarter that ended in Dec. 2024 was 1.28.

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 Shin Heung Energy & Electronics Co's Debt-to-Equity or its related term are showing as below:

XKRX:243840' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 1.01 Max: 1.82
Current: 1.28

During the past 11 years, the highest Debt-to-Equity Ratio of Shin Heung Energy & Electronics Co was 1.82. The lowest was 0.55. And the median was 1.01.

XKRX:243840's Debt-to-Equity is ranked worse than
92.1% of 2608 companies
in the Industrial Products industry
Industry Median: 0.28 vs XKRX:243840: 1.28

Shin Heung Energy & Electronics Co Debt-to-Equity Historical Data

The historical data trend for Shin Heung Energy & Electronics 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.

Shin Heung Energy & Electronics Co Debt-to-Equity Chart

Shin Heung Energy & Electronics Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

Get a 7-Day Free Trial

1.32

0.62

0.84

1.19

1.28

Shin Heung Energy & Electronics 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															1.19	1.18	1.19	1.21	1.28

Competitive Comparison of Shin Heung Energy & Electronics Co's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Shin Heung Energy & Electronics 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.

Shin Heung Energy & Electronics Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shin Heung Energy & Electronics Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shin Heung Energy & Electronics Co's Debt-to-Equity falls into.

Save Embed

;

Save Embed

;

Shin Heung Energy & Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shin Heung Energy & Electronics Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(236824.863	+	221531.506)	/	358403.579
	=	1.28

Shin Heung Energy & Electronics Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(236824.863	+	221531.506)	/	358403.579
	=	1.28

Shin Heung Energy & Electronics Co (XKRX:243840) 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.

Shin Heung Energy & Electronics Co Debt-to-Equity Related Terms

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

Shin Heung Energy & Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shin Heung Energy & Electronics Co Ltd (XKRX:243840) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

48, Yangsan-ro, Gyeonggi-do, Osan, KOR

Website

http://www.shsec.co.kr

Shin Heung Energy & Electronics Co Ltd is engaged in manufacturing of battery parts products in South Korea. It offers small battery parts, such as cap assemblies, current interrupt devices, and strip terminals for cylindrical/prismatic/polymer batteries used in mobile phones, tablets, power tools, electric bicycles, electric vehicles and large battery parts, including cap assemblies and cans for medium/large-size prismatic batteries used in electric vehicles and energy storage systems.

Shin Heung Energy & Electronics Co Headlines

No Headlines