Contec Co (XKRX:451760) Debt-to-Equity : 0.26 (As of Dec. 2024)

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What is Contec Co Debt-to-Equity?

Contec Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩22,126 Mil. Contec Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩2,159 Mil. Contec Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩92,691 Mil. Contec Co's debt to equity for the quarter that ended in Dec. 2024 was 0.26.

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

XKRX:451760' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.07 Med: 0.03 Max: 0.26
Current: 0.26

During the past 3 years, the highest Debt-to-Equity Ratio of Contec Co was 0.26. The lowest was -0.07. And the median was 0.03.

XKRX:451760's Debt-to-Equity is ranked worse than
51.87% of 2188 companies
in the Software industry
Industry Median: 0.2 vs XKRX:451760: 0.26

Contec Co Debt-to-Equity Historical Data

The historical data trend for Contec 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.

Contec Co Debt-to-Equity Chart

Contec Co Annual Data

Trend

Dec22

Dec23

Dec24

Debt-to-Equity

-0.07

0.03

0.26

Contec Co Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial			0.03	0.03	0.21	0.23	0.26

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

For the Software - Infrastructure subindustry, Contec 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.

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

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

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

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Contec Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Contec 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
	=	(22126.275	+	2159.147)	/	92691.463
	=	0.26

Contec 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
	=	(22126.275	+	2159.147)	/	92691.463
	=	0.26

Contec Co (XKRX:451760) 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.

Contec Co Debt-to-Equity Related Terms

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

Contec Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Contec Co Ltd (XKRX:451760) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

169-84 Gwahak-ro, Yuseong-gu, Daejeon, KOR, 34133

Website

https://www.contec.kr

Contec Co Ltd provides easy to use ground station services and Satellite Image Processing & Application Services for satellite operations. It has expanded ground station network in North America, Europe, Africa and Asia, allowing continuous monitoring of spacecraft. CONTEC ONE is the satellite communication platform offered by the company.

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