OCI (XKRX:456040) Debt-to-Equity : 0.65 (As of Mar. 2024)

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What is OCI Debt-to-Equity?

OCI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩555,818 Mil. OCI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩186,389 Mil. OCI's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩1,150,669 Mil. OCI's debt to equity for the quarter that ended in Mar. 2024 was 0.65.

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

XKRX:456040' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.65 Med: 0.69 Max: 0.78
Current: 0.65

During the past 1 years, the highest Debt-to-Equity Ratio of OCI was 0.78. The lowest was 0.65. And the median was 0.69.

XKRX:456040's Debt-to-Equity is ranked worse than
54.87% of 472 companies
in the Conglomerates industry
Industry Median: 0.56 vs XKRX:456040: 0.65

OCI Debt-to-Equity Historical Data

The historical data trend for OCI'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.

OCI Debt-to-Equity Chart

OCI Annual Data

Trend

Dec23

Debt-to-Equity

0.69

OCI Quarterly Data
	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	0.78	0.69	0.69	0.65

Competitive Comparison of OCI's Debt-to-Equity

For the Conglomerates subindustry, OCI'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.

OCI's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, OCI's Debt-to-Equity distribution charts can be found below:

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

OCI Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OCI'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
	=	(551381.632	+	125913.605)	/	983528.347
	=	0.69

OCI'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
	=	(555818.046	+	186389.088)	/	1150669.211
	=	0.65

OCI (XKRX:456040) 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.

OCI Debt-to-Equity Related Terms

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

OCI (XKRX:456040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » OCI (XKRX:456040) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

94, Sogong-ro, Jung-gu, Seoul, KOR, 100-718

Website

https://www.oci.co.kr

OCI is engaged in Solar PV Business, ESS (Energy Storage System), Cogeneration, Urban development projects, and Pharmaceutical-Bio business. The company will operate in Korea, China, and the United States.

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