Won Tech Co (XKRX:336570) Debt-to-Equity : 0.17 (As of Sep. 2024)

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What is Won Tech Co Debt-to-Equity?

Won Tech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩18,861 Mil. Won Tech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩588 Mil. Won Tech Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₩113,446 Mil. Won Tech Co's debt to equity for the quarter that ended in Sep. 2024 was 0.17.

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

XKRX:336570' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.36
Current: 0.17

During the past 5 years, the highest Debt-to-Equity Ratio of Won Tech Co was 0.36. The lowest was 0.01. And the median was 0.08.

XKRX:336570's Debt-to-Equity is ranked better than
57.24% of 704 companies
in the Medical Devices & Instruments industry
Industry Median: 0.22 vs XKRX:336570: 0.17

Won Tech Co Debt-to-Equity Historical Data

The historical data trend for Won Tech 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.

Won Tech Co Debt-to-Equity Chart

Won Tech Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.06

0.07

0.36

0.09

0.18

Won Tech Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.19	0.18	0.18	0.18	0.17

Competitive Comparison of Won Tech Co's Debt-to-Equity

For the Medical Devices subindustry, Won Tech 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.

Won Tech Co's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Won Tech Co's Debt-to-Equity distribution charts can be found below:

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

Won Tech Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Won Tech 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
	=	(17035.228	+	579.011)	/	99279.478
	=	0.18

Won Tech Co's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(18860.867	+	588.193)	/	113445.92
	=	0.17

Won Tech Co (XKRX:336570) 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.

Won Tech Co Debt-to-Equity Related Terms

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

Won Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Won Tech Co Ltd (XKRX:336570) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

64, Techno 8-ro, Yuseong-gu, Yongsan-dong, Daejeon, KOR, 04538

Website

http://www.wtlaser.com

Won Tech Co Ltd engages in manufacturing medical laser equipment. The company manufactures machines used for Skin Aesthetics, Fat Reduction, and Surgical usage. It facilitates treatments namely face lifting and tightening, body contouring, hair removal, skin rejuvenation, tattoo removal, and vascular lesions.

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