Pro2000 Co (XKRX:321260) Debt-to-Equity : 0.01 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Pro2000 Co Debt-to-Equity?

Pro2000 Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩203 Mil. Pro2000 Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩160 Mil. Pro2000 Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩38,030 Mil. Pro2000 Co's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Pro2000 Co's Debt-to-Equity or its related term are showing as below:

XKRX:321260' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.17
Current: 0.01

During the past 5 years, the highest Debt-to-Equity Ratio of Pro2000 Co was 0.17. The lowest was 0.01. And the median was 0.07.

XKRX:321260's Debt-to-Equity is ranked better than
99.89% of 876 companies
in the Semiconductors industry
Industry Median: 0.26 vs XKRX:321260: 0.01

Pro2000 Co Debt-to-Equity Historical Data

The historical data trend for Pro2000 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.

Pro2000 Co Debt-to-Equity Chart

Pro2000 Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.16

0.04

0.05

0.02

0.06

Pro2000 Co Quarterly Data
	Jun19	Sep19	Dec19	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															0.08	0.06	0.06	0.06	0.01

Competitive Comparison of Pro2000 Co's Debt-to-Equity

For the Semiconductor Equipment & Materials subindustry, Pro2000 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.

Pro2000 Co's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Pro2000 Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Pro2000 Co's Debt-to-Equity falls into.

Pro2000 Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pro2000 Co'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
	=	(2181.137	+	110.362)	/	36888.607
	=	0.06

Pro2000 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
	=	(203.333	+	160.104)	/	38030.101
	=	0.01

Pro2000 Co (XKRX:321260) 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.

Pro2000 Co Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Pro2000 Co's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Pro2000 Co (XKRX:321260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Pro2000 Co Ltd (XKRX:321260) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

148-17, Gosan ro, 411, Gunpo IT Valley, Gunpo, Gyeonggido, KOR, 07327

Website

http://www.pro-2000.co.kr

Pro2000 Co Ltd is engaged in producing and supplying Probe cards, Load boards, and Probe units which are the interface systems for semiconductor and display test equipment.

Pro2000 Co (XKRX:321260) Headlines

No Headlines