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Solum Co (XKRX:248070) Debt-to-Equity : 0.87 (As of Dec. 2023)


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What is Solum Co Debt-to-Equity?

Solum Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩319,792 Mil. Solum Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩29,845 Mil. Solum Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩400,200 Mil. Solum Co's debt to equity for the quarter that ended in Dec. 2023 was 0.87.

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

XKRX:248070' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.87   Med: 1.26   Max: 6.18
Current: 0.87

During the past 9 years, the highest Debt-to-Equity Ratio of Solum Co was 6.18. The lowest was 0.87. And the median was 1.26.

XKRX:248070's Debt-to-Equity is ranked worse than
82.28% of 2195 companies
in the Hardware industry
Industry Median: 0.29 vs XKRX:248070: 0.87

Solum Co Debt-to-Equity Historical Data

The historical data trend for Solum 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.

Solum Co Debt-to-Equity Chart

Solum Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 2.07 1.33 0.98 1.26 0.87

Solum Co Quarterly Data
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 1.26 1.27 1.08 0.96 0.87

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

For the Electronic Components subindustry, Solum 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.


Solum Co's Debt-to-Equity Distribution in the Hardware Industry

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

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



Solum Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Solum 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.


Solum Co  (XKRX:248070) 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.


Solum Co Debt-to-Equity Related Terms

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


Solum Co (XKRX:248070) Business Description

Traded in Other Exchanges
N/A
Address
4,5,6th Floor, 357, Guseong-ro, Giheung-gu, Gyeonggi-do, Yongin-si, KOR
Solum Co Ltd is engaged in providing power modules, digital tuner, and Electronic Shelf Label solutions. The product portfolio of the company includes TV Power Adapter, Server Power, LED Power, Tuner, and Keyco among others.

Solum Co (XKRX:248070) Headlines

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