M eighty-three Co (XKRX:476080) Debt-to-Equity : 0.13 (As of Dec. 2023)

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What is M eighty-three Co Debt-to-Equity?

M eighty-three Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩681 Mil. M eighty-three Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩2,174 Mil. M eighty-three Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩22,532 Mil. M eighty-three Co's debt to equity for the quarter that ended in Dec. 2023 was 0.13.

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

XKRX:476080' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.36 Max: 0.37
Current: 0.13

During the past 3 years, the highest Debt-to-Equity Ratio of M eighty-three Co was 0.37. The lowest was 0.13. And the median was 0.36.

XKRX:476080's Debt-to-Equity is ranked better than
67.15% of 831 companies
in the Media - Diversified industry
Industry Median: 0.28 vs XKRX:476080: 0.13

M eighty-three Co Debt-to-Equity Historical Data

The historical data trend for M eighty-three 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.

M eighty-three Co Debt-to-Equity Chart

M eighty-three Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.37

0.36

0.13

M eighty-three Co Semi-Annual Data
	Dec21	Dec22	Dec23
Debt-to-Equity	0.37	0.36	0.13

Competitive Comparison of M eighty-three Co's Debt-to-Equity

For the Entertainment subindustry, M eighty-three 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.

M eighty-three Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, M eighty-three Co's Debt-to-Equity distribution charts can be found below:

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

M eighty-three Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

M eighty-three 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
	=	(680.709	+	2174.432)	/	22532.395
	=	0.13

M eighty-three 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
	=	(680.709	+	2174.432)	/	22532.395
	=	0.13

M eighty-three Co (XKRX:476080) 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.

M eighty-three Co Debt-to-Equity Related Terms

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M eighty-three Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » M eighty-three Co Ltd (XKRX:476080) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

176 Yanghwa-ro, 4th floor, Mapo-gu, Seoul, KOR

Website

https://www.m83.co.kr

M eighty-three Co Ltd. is engaged in media industry. The company produces movies, dramas, etc. based on CG/VFX (computer graphics/visual special effects) technology. The company provide video content production services in media areas.

M eighty-three Co Headlines

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