ICH Co (XKRX:368600) Debt-to-Equity : 0.95 (As of Mar. 2024)

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What is ICH Co Debt-to-Equity?

ICH Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩11,370 Mil. ICH Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩41,215 Mil. ICH Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩55,264 Mil. ICH Co's debt to equity for the quarter that ended in Mar. 2024 was 0.95.

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

XKRX:368600' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.7 Max: 0.95
Current: 0.95

During the past 5 years, the highest Debt-to-Equity Ratio of ICH Co was 0.95. The lowest was 0.11. And the median was 0.70.

XKRX:368600's Debt-to-Equity is ranked worse than
85.08% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs XKRX:368600: 0.95

ICH Co Debt-to-Equity Historical Data

The historical data trend for ICH 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.

ICH Co Debt-to-Equity Chart

ICH Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.15

1.26

0.44

0.21

0.87

ICH Co Quarterly Data
	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial							0.70	0.77	0.85	0.87	0.95

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

For the Electronic Components subindustry, ICH 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.

ICH Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

ICH Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ICH 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
	=	(21405.884	+	25793.436)	/	54534.593
	=	0.87

ICH 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
	=	(11369.677	+	41214.706)	/	55264.154
	=	0.95

ICH Co (XKRX:368600) 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.

ICH Co Debt-to-Equity Related Terms

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

ICH Co (XKRX:368600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ICH Co Ltd (XKRX:368600) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

13, Humsaejeonli-gil, Gyeonggi-do, Dangjeong-dong, Gunpo-si, KOR

Website

http://www.ch-ich.com

ICH Co Ltd is a company specializing in cutting-edge film-type circuit materials. It develops raw materials that are essential for various IT electrical and electronic devices and structure them in a multi-layered structure. The company produces thin film antennas, electromagnetic shielding gaskets, and other products.

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