Obzen (XKRX:417860) Debt-to-Equity : 0.80 (As of Jun. 2024)

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What is Obzen Debt-to-Equity?

Obzen's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₩3,475 Mil. Obzen's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₩352 Mil. Obzen's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ₩4,812 Mil. Obzen's debt to equity for the quarter that ended in Jun. 2024 was 0.80.

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

XKRX:417860' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.63 Max: 15.96
Current: 0.8

During the past 4 years, the highest Debt-to-Equity Ratio of Obzen was 15.96. The lowest was 0.13. And the median was 0.63.

XKRX:417860's Debt-to-Equity is ranked worse than
81.74% of 2218 companies
in the Software industry
Industry Median: 0.21 vs XKRX:417860: 0.80

Obzen Debt-to-Equity Historical Data

The historical data trend for Obzen'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.

Obzen Debt-to-Equity Chart

Obzen Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.27

2.41

15.96

0.33

Obzen Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial							0.31	0.30	0.33	0.63	0.80

Competitive Comparison of Obzen's Debt-to-Equity

For the Software - Application subindustry, Obzen'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.

Obzen's Debt-to-Equity Distribution in the Software Industry

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

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

Obzen Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Obzen'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
	=	(1976.516	+	736.084)	/	8204.418
	=	0.33

Obzen's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(3474.721	+	351.623)	/	4811.775
	=	0.80

Obzen (XKRX:417860) 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.

Obzen Debt-to-Equity Related Terms

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Obzen Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Obzen Inc (XKRX:417860) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

14th, 12th floor, Yeouido-daero, Yeouido-dong, KT Yeouido Tower, Yeongdeungpo-gu, Seoul, KOR

Website

https://www.obzen.com

Obzen Inc is a software company that realizes data-based, customer-oriented business. It provides data, analysis, and marketing solutions and system construction services in various industries such as finance, distribution, telecommunications, and others.

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