VAIV Company (XKRX:301300) Debt-to-Equity : 0.55 (As of Mar. 2024)

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What is VAIV Company Debt-to-Equity?

VAIV Company's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩17,744 Mil. VAIV Company's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩17,298 Mil. VAIV Company's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩63,946 Mil. VAIV Company's debt to equity for the quarter that ended in Mar. 2024 was 0.55.

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 VAIV Company's Debt-to-Equity or its related term are showing as below:

XKRX:301300' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 1.23 Max: 4.19
Current: 0.55

During the past 7 years, the highest Debt-to-Equity Ratio of VAIV Company was 4.19. The lowest was 0.50. And the median was 1.23.

XKRX:301300's Debt-to-Equity is ranked worse than
73.85% of 2203 companies
in the Software industry
Industry Median: 0.2 vs XKRX:301300: 0.55

VAIV Company Debt-to-Equity Historical Data

The historical data trend for VAIV Company'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.

VAIV Company Debt-to-Equity Chart

VAIV Company Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.79

0.50

1.39

4.19

0.57

VAIV Company Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												2.01	0.70	0.74	0.57	0.55

Competitive Comparison of VAIV Company's Debt-to-Equity

For the Software - Application subindustry, VAIV Company'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.

VAIV Company's Debt-to-Equity Distribution in the Software Industry

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

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

VAIV Company Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

VAIV Company's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(20381.055	+	17656.276)	/	67277.218
	=	0.57

VAIV Company'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
	=	(17744.495	+	17297.668)	/	63945.512
	=	0.55

VAIV Company (XKRX:301300) 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.

VAIV Company Debt-to-Equity Related Terms

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VAIV Company (XKRX:301300) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VAIV Company Inc (XKRX:301300) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

97, Dokseodang-ro, Yongsan-gu, Seoul, KOR

Website

http://www.vaiv.kr

VAIV Company Inc is an artificial intelligence innovation technology company that provides customized services and subscription services based on SOFIA (Sofia), the only artificial intelligence and big data technology platform in Korea. The company plans to strengthen the business capabilities of Some Trend, a big data analysis platform, and to preempt the new business, digital twin and customer-specific IPA market, to prepare future growth engines as a representative artificial intelligence company.

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