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Posco International (XKRX:047050) Debt-to-Equity : 1.03 (As of Mar. 2024)


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What is Posco International Debt-to-Equity?

Posco International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩3,353,348 Mil. Posco International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩2,969,269 Mil. Posco International's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩6,158,124 Mil. Posco International's debt to equity for the quarter that ended in Mar. 2024 was 1.03.

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 Posco International's Debt-to-Equity or its related term are showing as below:

XKRX:047050' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.94   Med: 1.43   Max: 2.21
Current: 1.03

During the past 13 years, the highest Debt-to-Equity Ratio of Posco International was 2.21. The lowest was 0.94. And the median was 1.43.

XKRX:047050's Debt-to-Equity is ranked worse than
78.36% of 134 companies
in the Industrial Distribution industry
Industry Median: 0.51 vs XKRX:047050: 1.03

Posco International Debt-to-Equity Historical Data

The historical data trend for Posco International'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.

Posco International Debt-to-Equity Chart

Posco International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.94 1.11 1.22 1.02

Posco International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.19 1.13 1.08 1.02 1.03

Competitive Comparison of Posco International's Debt-to-Equity

For the Industrial Distribution subindustry, Posco International'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.


Posco International's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Posco International's Debt-to-Equity distribution charts can be found below:

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



Posco International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Posco International'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
=(2781572.251 + 3426495.146) / 6103258.315
=1.02

Posco International's Debt to Equity Ratio for the quarter that ended in Mar. 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
=(3353348.156 + 2969268.751) / 6158123.688
=1.03

* 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.


Posco International  (XKRX:047050) 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.


Posco International Debt-to-Equity Related Terms

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Posco International (XKRX:047050) Business Description

Traded in Other Exchanges
N/A
Address
165, Convensia-daero, Yeonsu-gu, Incheon, KOR, 21998
Posco International Corp is engaged in the trading of various products across globe. The company provides steel products, automobiles and components, machinery and industrial electronics, petrochemicals, non- ferrous metals, food resources, commodity and textile among others.

Posco International (XKRX:047050) Headlines

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