Micube Solution (XKRX:373170) Debt-to-Equity : 0.09 (As of Mar. 2024)

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What is Micube Solution Debt-to-Equity?

Micube Solution's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩1,554 Mil. Micube Solution's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩495 Mil. Micube Solution's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩22,664 Mil. Micube Solution's debt to equity for the quarter that ended in Mar. 2024 was 0.09.

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

XKRX:373170' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.09 Max: 0.31
Current: 0.09

During the past 4 years, the highest Debt-to-Equity Ratio of Micube Solution was 0.31. The lowest was 0.06. And the median was 0.09.

XKRX:373170's Debt-to-Equity is ranked better than
67.36% of 2200 companies
in the Software industry
Industry Median: 0.2 vs XKRX:373170: 0.09

Micube Solution Debt-to-Equity Historical Data

The historical data trend for Micube Solution'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.

Micube Solution Debt-to-Equity Chart

Micube Solution Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.71

0.67

0.31

0.09

Micube Solution Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			0.31	0.27	0.06	0.09	0.09

Competitive Comparison of Micube Solution's Debt-to-Equity

For the Software - Infrastructure subindustry, Micube Solution'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.

Micube Solution's Debt-to-Equity Distribution in the Software Industry

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

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

Micube Solution Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Micube Solution'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
	=	(1526.521	+	615.07)	/	23071.224
	=	0.09

Micube Solution'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
	=	(1554.341	+	494.792)	/	22664.128
	=	0.09

Micube Solution (XKRX:373170) 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.

Micube Solution Debt-to-Equity Related Terms

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

Micube Solution (XKRX:373170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Micube Solution Inc (XKRX:373170) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Hyoryeong-ro 55-gil, Dongsan Building, 2-5th Floor, Seoul, KOR

Website

https://www.micube.co.kr

Micube Solution Inc is a software company. It provides total solutions across all IT services, from consulting for the realization of manufacturing intelligence to system linkage/integration and operation services.

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