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Samchuly Bicycle Co (XKRX:024950) Debt-to-Equity : 0.44 (As of Dec. 2023)


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What is Samchuly Bicycle Co Debt-to-Equity?

Samchuly Bicycle Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩38,106 Mil. Samchuly Bicycle Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩2,089 Mil. Samchuly Bicycle Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩92,230 Mil. Samchuly Bicycle Co's debt to equity for the quarter that ended in Dec. 2023 was 0.44.

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

XKRX:024950' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.41   Max: 0.69
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Samchuly Bicycle Co was 0.69. The lowest was 0.12. And the median was 0.41.

XKRX:024950's Debt-to-Equity is ranked better than
51.3% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs XKRX:024950: 0.44

Samchuly Bicycle Co Debt-to-Equity Historical Data

The historical data trend for Samchuly Bicycle 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.

Samchuly Bicycle Co Debt-to-Equity Chart

Samchuly Bicycle Co 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 0.69 0.21 0.12 0.40 0.44

Samchuly Bicycle 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 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 0.40 0.41 0.39 0.45 0.44

Competitive Comparison of Samchuly Bicycle Co's Debt-to-Equity

For the Leisure subindustry, Samchuly Bicycle 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.


Samchuly Bicycle Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Samchuly Bicycle Co's Debt-to-Equity distribution charts can be found below:

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



Samchuly Bicycle Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Samchuly Bicycle Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Samchuly Bicycle Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Samchuly Bicycle Co  (XKRX:024950) 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.


Samchuly Bicycle Co Debt-to-Equity Related Terms

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Samchuly Bicycle Co (XKRX:024950) Business Description

Traded in Other Exchanges
N/A
Address
1-dong, 5F, Nonhyeon three weeks Building, Gangnam-gu, Seoul, KOR, 135-812
Samchuly Bicycle Co Ltd is a South Korean company engaged in manufacturing of different types of bicycles. The products of the company include electric bicycle, mountain, comfort mountain type, and pixy.

Samchuly Bicycle Co (XKRX:024950) Headlines

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