Nara Cellar Co (XKRX:405920) Debt-to-Equity : 0.73 (As of Dec. 2024)

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What is Nara Cellar Co Debt-to-Equity?

Nara Cellar Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩37,010 Mil. Nara Cellar Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩9,337 Mil. Nara Cellar Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩63,171 Mil. Nara Cellar Co's debt to equity for the quarter that ended in Dec. 2024 was 0.73.

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

XKRX:405920' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.7 Max: 0.94
Current: 0.77

During the past 4 years, the highest Debt-to-Equity Ratio of Nara Cellar Co was 0.94. The lowest was 0.57. And the median was 0.70.

XKRX:405920's Debt-to-Equity is ranked worse than
73.41% of 173 companies
in the Beverages - Alcoholic industry
Industry Median: 0.41 vs XKRX:405920: 0.77

Nara Cellar Co Debt-to-Equity Historical Data

The historical data trend for Nara Cellar 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.

Nara Cellar Co Debt-to-Equity Chart

Nara Cellar Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

2.29

0.94

0.61

0.73

Nara Cellar Co Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial						0.61	0.70	0.71	0.77	0.73

Competitive Comparison of Nara Cellar Co's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Nara Cellar 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.

Nara Cellar Co's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Nara Cellar Co's Debt-to-Equity distribution charts can be found below:

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

Nara Cellar Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nara Cellar Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(37009.914	+	9336.592)	/	63171.057
	=	0.73

Nara Cellar Co's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(37009.914	+	9336.592)	/	63171.057
	=	0.73

Nara Cellar Co (XKRX:405920) 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.

Nara Cellar Co Debt-to-Equity Related Terms

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Nara Cellar Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Nara Cellar Co Ltd (XKRX:405920) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

B1, 353, Cheongbaekri-ro, 393beon-gil, Baeksa-myeon, Gyeonggi-do, Icheon-si, KOR

Website

https://www.naracellar.com

Nara Cellar Co Ltd engages in the import and wholesale of alcoholic beverages. Its product portfolio comprises wines, nihonshu and spirits. Its sales channels are divided into on and off channels, and the on channels are composed of wholesale/retail, hotels, and 'Haruilgwa', a wine-related store operated by our affiliates. The Off channel consists of wine shops in department stores, large discount stores and convenience stores such as E-Mart and Costco, Wine Time, our own road shop, and special sales that are sold directly to corporate customers.

Nara Cellar Co Headlines

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