JEIO Co (XKRX:418550) Debt-to-Equity : 0.22 (As of Dec. 2023)

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What is JEIO Co Debt-to-Equity?

JEIO Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩2,381 Mil. JEIO Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩27,380 Mil. JEIO Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩134,666 Mil. JEIO Co's debt to equity for the quarter that ended in Dec. 2023 was 0.22.

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

XKRX:418550' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.26 Max: 0.66
Current: 0.22

During the past 3 years, the highest Debt-to-Equity Ratio of JEIO Co was 0.66. The lowest was 0.22. And the median was 0.26.

XKRX:418550's Debt-to-Equity is ranked better than
58.05% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs XKRX:418550: 0.22

JEIO Co Debt-to-Equity Historical Data

The historical data trend for JEIO 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.

JEIO Co Debt-to-Equity Chart

JEIO Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.66

0.26

0.22

JEIO Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.26	0.14	0.20	0.19	0.22

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

For the Electronic Components subindustry, JEIO 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.

JEIO Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

JEIO Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

JEIO 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
	=	(2381.259	+	27380.49)	/	134666.034
	=	0.22

JEIO Co's Debt to Equity Ratio for the quarter 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
	=	(2381.259	+	27380.49)	/	134666.034
	=	0.22

JEIO Co (XKRX:418550) 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.

JEIO Co Debt-to-Equity Related Terms

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JEIO Co (XKRX:418550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » JEIO Co Ltd (XKRX:418550) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

263, Central-ro, BS Tower 907, Yeonsu-gu, Incheon, KOR

Website

http://www.jeio.co.kr

JEIO Co Ltd produces Carbon Nanotubes that enhance the performance of a secondary battery, The company produces secondary batteries carbon nanotube conductive materials, advanced nano materials, secondary battery materials, physicochemical equipment, reactors, and other related products.

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