Hanssak Co (XKRX:430690) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is Hanssak Co Debt-to-Equity?

Hanssak Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩2,080 Mil. Hanssak Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩0 Mil. Hanssak Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩35,536 Mil. Hanssak Co's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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

XKRX:430690' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.14 Max: 0.58
Current: 0.06

During the past 4 years, the highest Debt-to-Equity Ratio of Hanssak Co was 0.58. The lowest was 0.04. And the median was 0.14.

XKRX:430690's Debt-to-Equity is ranked better than
74.76% of 2223 companies
in the Software industry
Industry Median: 0.21 vs XKRX:430690: 0.06

Hanssak Co Debt-to-Equity Historical Data

The historical data trend for Hanssak 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.

Hanssak Co Debt-to-Equity Chart

Hanssak Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.04

0.58

0.22

0.06

Hanssak Co Quarterly Data
	Sep22	Dec22	Sep23	Dec23
Debt-to-Equity	N/A	0.22	0.09	0.06

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

For the Software - Infrastructure subindustry, Hanssak 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.

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

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

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

Hanssak Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hanssak 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
	=	(2080.411	+	0)	/	35536.221
	=	0.06

Hanssak 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
	=	(2080.411	+	0)	/	35536.221
	=	0.06

Hanssak Co (XKRX:430690) 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.

Hanssak Co Debt-to-Equity Related Terms

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Hanssak Co (XKRX:430690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hanssak Co Ltd (XKRX:430690) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 401, 27, Digital-ro 34-gil, Guro-gu, Daeryung Post Tower No.3, Seoul, KOR

Website

http://www.hanssak.co.kr

Hanssak Co Ltd is an IT security company whose main business is application software development and supply. Their portfolio of products include manganese data transmission solution, password management solution, secure electronic fax solution, smart billing solution, and integrated control system.

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