Refine Co (XKRX:377450) Debt-to-Equity : 0.00 (As of Sep. 2024)

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What is Refine Co Debt-to-Equity?

Refine Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩114 Mil. Refine Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩133 Mil. Refine Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₩170,980 Mil. Refine Co's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

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

During the past 5 years, the highest Debt-to-Equity Ratio of Refine Co was 0.03. The lowest was 0.00. And the median was 0.01.

XKRX:377450's Debt-to-Equity is not ranked ^*
in the Real Estate industry.
Industry Median: 0.735
* Ranked among companies with meaningful Debt-to-Equity only.

Refine Co Debt-to-Equity Historical Data

The historical data trend for Refine 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.

Refine Co Debt-to-Equity Chart

Refine Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.04

0.03

0.01

Refine Co Quarterly Data
	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											0.01	0.01	-	-	-

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

For the Real Estate Services subindustry, Refine 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.

Refine Co's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Refine Co's Debt-to-Equity distribution charts can be found below:

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

Refine Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Refine 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
	=	(724.808	+	83.751)	/	158639.447
	=	0.01

Refine 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
	=	(113.878	+	132.571)	/	170979.644
	=	0.00

Refine Co (XKRX:377450) 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.

Refine Co Debt-to-Equity Related Terms

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Refine Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Refine Co Ltd (XKRX:377450) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

625, Teheran-ro, 4th Floor, Deokmyeong Building, Gangnam-gu, Seoul, KOR, 06173

Website

http://www.refine.co.kr

Refine Co Ltd is engaged in developing and providing services related to real estate in Korea. Its business areas include rights research services, mortgage lending survey rights, charter lending rights investigations, garden lending survey rights, internet (non-face-to-face) loan services.

Refine Co Headlines

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