POSCO Holdings (POSCO Holdings) Debt-to-Equity

: 0.48 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

POSCO Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8,402 Mil. POSCO Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11,508 Mil. POSCO Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $41,537 Mil. POSCO Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.48.

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

PKX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.48 Max: 0.66
Current: 0.48

During the past 13 years, the highest Debt-to-Equity Ratio of POSCO Holdings was 0.66. The lowest was 0.45. And the median was 0.48.

PKX's Debt-to-Equity is ranked worse than
55.48% of 557 companies
in the Steel industry
Industry Median: 0.41 vs PKX: 0.48

POSCO Holdings Debt-to-Equity Historical Data

The historical data trend for POSCO Holdings'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 Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.48

0.45

0.48

POSCO Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.48	0.53	0.53	0.53	0.48

Competitive Comparison

For the Steel subindustry, POSCO Holdings'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 Holdings Debt-to-Equity Distribution

For the Steel industry and Basic Materials sector, POSCO Holdings's Debt-to-Equity distribution charts can be found below:

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

POSCO Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

POSCO Holdings'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
	=	(8401.766	+	11508.147)	/	41537.165
	=	0.48

POSCO Holdings'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
	=	(8401.766	+	11508.147)	/	41537.165
	=	0.48

POSCO Holdings (NYSE:PKX) 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 Holdings Debt-to-Equity Related Terms

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

POSCO Holdings (POSCO Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » POSCO Holdings Inc (NYSE:PKX) » Definitions » Debt-to-Equity

Traded in Other Exchanges

005490:Korea PKX:Germany PKX:Germany P1KX34:Brazil

Address

POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, KOR, 06194

Website

https://www.posco.co.kr

POSCO Holdings Inc is a holding company and operates through its subsidiaries. The company's operating segments are 1) Steel Segment includes the production and sale of steel products. 2) Green Infrastructure Business includes the provision of infrastructure and related services. The segment is divided into three operations, Trading Segment consists trading and natural resources development activities. Construction Segment consists planning, designing and construction of industrial plants, civil engineering projects and buildings. The energy and Other Segment consists power generation and information technology and operational technology services. 3) Green Materials and Energy Segment include manufacturing and sale of energy-related and other industrial materials, 4) Others Segment.