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SecuLetter Co (XKRX:418250) Debt-to-Equity : 0.10 (As of Mar. 2024)


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What is SecuLetter Co Debt-to-Equity?

SecuLetter Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩1,273 Mil. SecuLetter Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩101 Mil. SecuLetter Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩14,384 Mil. SecuLetter Co's debt to equity for the quarter that ended in Mar. 2024 was 0.10.

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

XKRX:418250' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.08   Max: 0.25
Current: 0.1

During the past 4 years, the highest Debt-to-Equity Ratio of SecuLetter Co was 0.25. The lowest was 0.04. And the median was 0.08.

XKRX:418250's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.2 vs XKRX:418250: 0.10

SecuLetter Co Debt-to-Equity Historical Data

The historical data trend for SecuLetter 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.

SecuLetter Co Debt-to-Equity Chart

SecuLetter Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
-0.07 0.41 0.04 0.08

SecuLetter Co Quarterly Data
Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial 0.04 0.25 0.08 0.08 0.10

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

For the Software - Infrastructure subindustry, SecuLetter 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.

SecuLetter Co's Debt-to-Equity Distribution in the Software Industry

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

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


SecuLetter Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SecuLetter 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
=(1273.519 + 116.57) / 16999.933
=0.08

SecuLetter Co'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
=(1273.043 + 101.313) / 14384.007
=0.10

* 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.

SecuLetter Co  (XKRX:418250) 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.

SecuLetter Co Debt-to-Equity Related Terms

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

SecuLetter Co (XKRX:418250) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » SecuLetter Co Ltd (XKRX:418250) » Definitions » Debt-to-Equity
Comparable Companies
XKRX:373170 XKRX:274400 XKRX:192250 XKRX:263860 XKRX:170790 XKRX:411080 XKRX:288980 XKRX:434480 XKRX:150900 XKRX:340810 MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ
Traded in Other Exchanges
N/A
Address
14th Floor, 422-1, Geumto-dong, Sujeong-gu, Gyeonggi-do, Seongnam-si, KOR
Website
https://www.global.seculetter.com
SecuLetter Co Ltd is a company providing solutions against cyber threats, attacks, malware and phishing. The company specializes in analyzing/detecting unknown malware, diagnose/analyze security vulnerabilities of non-executable files at the assembly level which is the smallest unit of files so it has a high rate of security threat and vulnerability/exploit detection. diagnosis speed is fast, and accurate data is provided. The main business areas are e-mail security business, data transmission file security business between networks, web service file security business, document centralization file security business, cloud support security business, security threat intelligence business.

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