HD Hyundai Marine Solution Co (XKRX:443060) Debt-to-Equity : 0.03 (As of Dec. 2024)

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What is HD Hyundai Marine Solution Co Debt-to-Equity?

HD Hyundai Marine Solution Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩8,088 Mil. HD Hyundai Marine Solution Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩12,464 Mil. HD Hyundai Marine Solution Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩773,535 Mil. HD Hyundai Marine Solution Co's debt to equity for the quarter that ended in Dec. 2024 was 0.03.

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 HD Hyundai Marine Solution Co's Debt-to-Equity or its related term are showing as below:

XKRX:443060' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.2 Max: 0.61
Current: 0.03

During the past 9 years, the highest Debt-to-Equity Ratio of HD Hyundai Marine Solution Co was 0.61. The lowest was 0.02. And the median was 0.20.

XKRX:443060's Debt-to-Equity is ranked better than
92% of 275 companies
in the Aerospace & Defense industry
Industry Median: 0.36 vs XKRX:443060: 0.03

HD Hyundai Marine Solution Co Debt-to-Equity Historical Data

The historical data trend for HD Hyundai Marine Solution 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.

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HD Hyundai Marine Solution Co Debt-to-Equity Chart

HD Hyundai Marine Solution Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.02

0.37

0.52

0.61

0.03

HD Hyundai Marine Solution Co Quarterly Data
	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.61	0.15	0.10	0.03

Competitive Comparison of HD Hyundai Marine Solution Co's Debt-to-Equity

For the Aerospace & Defense subindustry, HD Hyundai Marine Solution 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.

HD Hyundai Marine Solution Co's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, HD Hyundai Marine Solution Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where HD Hyundai Marine Solution Co's Debt-to-Equity falls into.

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HD Hyundai Marine Solution Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HD Hyundai Marine Solution 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
	=	(8088.056	+	12463.783)	/	773534.562
	=	0.03

HD Hyundai Marine Solution 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
	=	(8088.056	+	12463.783)	/	773534.562
	=	0.03

HD Hyundai Marine Solution Co (XKRX:443060) 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.

HD Hyundai Marine Solution Co Debt-to-Equity Related Terms

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HD Hyundai Marine Solution Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » HD Hyundai Marine Solution Co Ltd (XKRX:443060) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

7th floor , 79 Centum Jungang-ro, Haeundae-gu, U-dong, Centum Science Park, Busan, KOR

Website

https://www.hd-marinesolution.com

HD Hyundai Marine Solution Co Ltd is a company that is engaged in a ship-after-service business that provides necessary services throughout the ship life cycle after delivery of a new ship. They provide products and services in four categories that includes AM solutions, bunkering, eco-friendly conversion, and SDV (Software Defined Vessels). AM Solutions provides maintenance/repair/management services for ships and engines mounted on ships, land-based power generation technology services using engines, and paid/free warranty agency services for ships built by HD Hyundai Group.

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