Crowdworks (XKRX:355390) Debt-to-Equity : 1.21 (As of Mar. 2024)

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What is Crowdworks Debt-to-Equity?

Crowdworks's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩13,414 Mil. Crowdworks's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩895 Mil. Crowdworks's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩11,865 Mil. Crowdworks's debt to equity for the quarter that ended in Mar. 2024 was 1.21.

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

XKRX:355390' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.29 Med: 0.94 Max: 2.31
Current: 1.21

During the past 4 years, the highest Debt-to-Equity Ratio of Crowdworks was 2.31. The lowest was -0.29. And the median was 0.94.

XKRX:355390's Debt-to-Equity is ranked worse than
88.83% of 2203 companies
in the Software industry
Industry Median: 0.2 vs XKRX:355390: 1.21

Crowdworks Debt-to-Equity Historical Data

The historical data trend for Crowdworks'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.

Crowdworks Debt-to-Equity Chart

Crowdworks Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

-0.29

-0.36

-0.16

2.31

Crowdworks Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			2.31	N/A	0.87	1.02	1.21

Competitive Comparison of Crowdworks's Debt-to-Equity

For the Software - Infrastructure subindustry, Crowdworks'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.

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

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

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

Crowdworks Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Crowdworks's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(9360.88	+	646.495)	/	4337.235
	=	2.31

Crowdworks'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
	=	(13413.705	+	895.306)	/	11865.071
	=	1.21

Crowdworks (XKRX:355390) 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.

Crowdworks Debt-to-Equity Related Terms

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

Crowdworks (XKRX:355390) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Crowdworks Inc (XKRX:355390) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

309 Teheran-ro, 5th Floor Samsung Cheil Building, Gangnam-gu, Seoul, KOR

Website

https://www.crowdworks.kr

Crowdworks Inc is engaged in the development of AI models for better data preprocessing. It provides end-to-end solutions for all processes of artificial intelligence development, from requirements definition to artificial intelligence data generation, algorithm, and service development, including large language model and service validation.

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