Hyundai Steel Co (XKRX:004020) Debt-to-Equity : 0.55 (As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

What is Hyundai Steel Co Debt-to-Equity?

Hyundai Steel Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩3,926,307 Mil. Hyundai Steel Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩6,524,773 Mil. Hyundai Steel Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩19,100,149 Mil. Hyundai Steel Co's debt to equity for the quarter that ended in Dec. 2023 was 0.55.

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

XKRX:004020' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 0.73 Max: 0.9
Current: 0.55

During the past 13 years, the highest Debt-to-Equity Ratio of Hyundai Steel Co was 0.90. The lowest was 0.55. And the median was 0.73.

XKRX:004020's Debt-to-Equity is ranked worse than
60.75% of 558 companies
in the Steel industry
Industry Median: 0.415 vs XKRX:004020: 0.55

Hyundai Steel Co Debt-to-Equity Historical Data

The historical data trend for Hyundai Steel 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.

Hyundai Steel Co Debt-to-Equity Chart

Hyundai Steel Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.72

0.83

0.73

0.66

0.55

Hyundai Steel Co 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	Get a 7-Day Free Trial															0.66	0.66	0.61	0.56	0.55

Competitive Comparison of Hyundai Steel Co's Debt-to-Equity

For the Steel subindustry, Hyundai Steel 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.

Hyundai Steel Co's Debt-to-Equity Distribution in the Steel Industry

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

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

Hyundai Steel Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hyundai Steel 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
	=	(3926307.262	+	6524772.643)	/	19100148.563
	=	0.55

Hyundai Steel 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
	=	(3926307.262	+	6524772.643)	/	19100148.563
	=	0.55

Hyundai Steel Co (XKRX:004020) 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.

Hyundai Steel Co Debt-to-Equity Related Terms

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

Hyundai Steel Co (XKRX:004020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hyundai Steel Co (XKRX:004020) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

1 Sohnghyun-Dong Dong-Gu, Incheon, KOR, 401-712

Website

http://www.hyundai-steel.com

Hyundai Steel Company is a Korea-based company engaged in the manufacture of steel products. The company's products include hot-rolled steel plates, cold-rolled steel plates, medium steel plates, steel tubes, steel bars, H bars, special steel rods and other steel products. The company's products are used in shipbuilding, automotive production, construction, bridges, engineering, home appliances, oil pipes, container manufacturing, machineries and other industries. The company is also engaged in the manufacture of track chain, which is a major part of heavy-duty machineries. The company generates most of its revenue from Korean domestic market and exports its products to overseas market in the meanwhile.

Hyundai Steel Co (XKRX:004020) Headlines

No Headlines