Saltware Co (XKRX:328380) Debt-to-Equity : 0.02 (As of Dec. 2024)

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What is Saltware Co Debt-to-Equity?

Saltware Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩342 Mil. Saltware Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩29 Mil. Saltware Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩22,949 Mil. Saltware Co's debt to equity for the quarter that ended in Dec. 2024 was 0.02.

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

XKRX:328380' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.11 Max: 0.26
Current: 0.02

During the past 6 years, the highest Debt-to-Equity Ratio of Saltware Co was 0.26. The lowest was 0.00. And the median was 0.11.

XKRX:328380's Debt-to-Equity is ranked better than
91.69% of 2190 companies
in the Software industry
Industry Median: 0.21 vs XKRX:328380: 0.02

Saltware Co Debt-to-Equity Historical Data

The historical data trend for Saltware 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.

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Saltware Co Debt-to-Equity Chart

Saltware Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.18

0.04

0.26

0.02

Saltware 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															-	-	-	-	0.02

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

For the Software - Infrastructure subindustry, Saltware 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.

Saltware Co's Debt-to-Equity Distribution in the Software Industry

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

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

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Saltware Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saltware 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
	=	(341.608	+	28.873)	/	22948.539
	=	0.02

Saltware 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
	=	(341.608	+	28.873)	/	22948.539
	=	0.02

Saltware Co (XKRX:328380) 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.

Saltware Co Debt-to-Equity Related Terms

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

Saltware Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Saltware Co Ltd (XKRX:328380) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

901, 55, Digital-ro 34-gil, Guro-gu, Guro-dong, Kolon Science Valley 2, Seoul, KOR, 08378

Website

https://m.saltware.co.kr

Saltware Co Ltd provides various IT services in South Korea. It offers cloud services, such as building, consulting, and MSP services for Amazon Web Services; building and consulting services for Naver Cloud platform and Red Hat hybrid; and hybrid services, which include building a container platform, DevOps services, and IT governance products; and platform service, including system Integration Platform Service enView, enterprise business integration platform, and enterprise portal development services. agricultural production automation services from smart farm construction to service.

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