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Hwaseung R&A Co (XKRX:378850) Debt-to-Equity : 1.24 (As of Mar. 2024)


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What is Hwaseung R&A Co Debt-to-Equity?

Hwaseung R&A Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩115,701 Mil. Hwaseung R&A Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩32,959 Mil. Hwaseung R&A Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩120,225 Mil. Hwaseung R&A Co's debt to equity for the quarter that ended in Mar. 2024 was 1.24.

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 Hwaseung R&A Co's Debt-to-Equity or its related term are showing as below:

XKRX:378850' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.24   Med: 2.95   Max: 4.25
Current: 1.24

During the past 3 years, the highest Debt-to-Equity Ratio of Hwaseung R&A Co was 4.25. The lowest was 1.24. And the median was 2.95.

XKRX:378850's Debt-to-Equity is ranked worse than
80.9% of 1178 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs XKRX:378850: 1.24

Hwaseung R&A Co Debt-to-Equity Historical Data

The historical data trend for Hwaseung R&A 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.

Hwaseung R&A Co Debt-to-Equity Chart

Hwaseung R&A Co Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
3.08 2.00 1.33

Hwaseung R&A Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.72 1.80 1.40 1.33 1.24

Competitive Comparison of Hwaseung R&A Co's Debt-to-Equity

For the Auto Parts subindustry, Hwaseung R&A 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.


Hwaseung R&A Co's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hwaseung R&A Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hwaseung R&A Co's Debt-to-Equity falls into.



Hwaseung R&A Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hwaseung R&A Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Hwaseung R&A Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Hwaseung R&A Co  (XKRX:378850) 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.


Hwaseung R&A Co Debt-to-Equity Related Terms

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Hwaseung R&A Co (XKRX:378850) Business Description

Traded in Other Exchanges
N/A
Address
61, Chungnyeol-ro, Gyeongsangnam-do, Yangsan-si, KOR, 50592
Hwaseung R&A Co Ltd is a manufacturer of automotive parts and industrial rubber parts.

Hwaseung R&A Co (XKRX:378850) Headlines

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