ASTech Co (XKRX:453860) Debt-to-Equity : 0.52 (As of Dec. 2024)

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What is ASTech Co Debt-to-Equity?

ASTech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩13,333 Mil. ASTech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₩16,270 Mil. ASTech Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩56,468 Mil. ASTech Co's debt to equity for the quarter that ended in Dec. 2024 was 0.52.

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

XKRX:453860' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 4.12 Max: 8.17
Current: 0.52

During the past 5 years, the highest Debt-to-Equity Ratio of ASTech Co was 8.17. The lowest was 0.34. And the median was 4.12.

XKRX:453860's Debt-to-Equity is ranked worse than
63.5% of 274 companies
in the Aerospace & Defense industry
Industry Median: 0.36 vs XKRX:453860: 0.52

ASTech Co Debt-to-Equity Historical Data

The historical data trend for ASTech 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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ASTech Co Debt-to-Equity Chart

ASTech Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

4.77

8.17

4.12

0.34

0.52

ASTech Co Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial							0.34	0.29	0.28	0.27	0.52

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

For the Aerospace & Defense subindustry, ASTech 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.

ASTech Co's Debt-to-Equity Distribution in the Aerospace & Defense Industry

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

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

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ASTech Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ASTech 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
	=	(13332.959	+	16269.503)	/	56467.986
	=	0.52

ASTech 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
	=	(13332.959	+	16269.503)	/	56467.986
	=	0.52

ASTech Co (XKRX:453860) 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.

ASTech Co Debt-to-Equity Related Terms

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ASTech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » ASTech Co Ltd (XKRX:453860) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

13, Janghangsandan 7-gil, Janghang-eup, Seocheon-gun, CHUNGCHEONGNAM-DO, Hongseong-gun, KOR, 51538

Website

http://www.asteh.co.kr

ASTech Co Ltd is engaged in aerospace product and parts manufacturing. It designs and manufactures aviation and automotive tools, defense parts, engine models, etc.

ASTech Co Headlines

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