Innodep (XKRX:303530) Debt-to-Equity : 0.06 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Innodep Debt-to-Equity?

Innodep's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩764 Mil. Innodep's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩1,581 Mil. Innodep's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩39,184 Mil. Innodep's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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

XKRX:303530' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.07 Max: 0.44
Current: 0.06

During the past 7 years, the highest Debt-to-Equity Ratio of Innodep was 0.44. The lowest was 0.02. And the median was 0.07.

XKRX:303530's Debt-to-Equity is ranked better than
74.88% of 2213 companies
in the Software industry
Industry Median: 0.21 vs XKRX:303530: 0.06

Innodep Debt-to-Equity Historical Data

The historical data trend for Innodep'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.

Innodep Debt-to-Equity Chart

Innodep Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.40

0.04

0.02

0.07

0.06

Innodep Quarterly Data
	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												0.07	0.08	0.07	0.07	0.06

Competitive Comparison of Innodep's Debt-to-Equity

For the Information Technology Services subindustry, Innodep'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.

Innodep's Debt-to-Equity Distribution in the Software Industry

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

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

Innodep Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Innodep'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
	=	(764.186	+	1581.186)	/	39183.678
	=	0.06

Innodep's Debt to Equity Ratio for the quarter 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
	=	(764.186	+	1581.186)	/	39183.678
	=	0.06

Innodep (XKRX:303530) 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.

Innodep Debt-to-Equity Related Terms

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

Innodep (XKRX:303530) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Innodep Inc (XKRX:303530) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

61, Digital-ro-31-gil, 5th Floor, Dream Markone Data Center, Guro-gu, Seoul, KOR, 08375

Website

http://www.innodep.co.kr

Innodep Inc is providing hardware and software for the physical security sector. Video Management Software, Video Analytics, and video display software are its main products.

Innodep (XKRX:303530) Headlines

No Headlines