SM Culturentents Co (XKRX:048550) Debt-to-Equity : 0.14 (As of Dec. 2023)

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What is SM Culturentents Co Debt-to-Equity?

SM Culturentents Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩2,855 Mil. SM Culturentents Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩10,854 Mil. SM Culturentents Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩97,463 Mil. SM Culturentents Co's debt to equity for the quarter that ended in Dec. 2023 was 0.14.

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

XKRX:048550' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 0.17
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of SM Culturentents Co was 0.17. The lowest was 0.02. And the median was 0.11.

XKRX:048550's Debt-to-Equity is ranked better than
77.94% of 689 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs XKRX:048550: 0.14

SM Culturentents Co Debt-to-Equity Historical Data

The historical data trend for SM Culturentents 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.

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SM Culturentents Co Debt-to-Equity Chart

SM Culturentents Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.11

0.02

0.17

0.14

SM Culturentents 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															0.14	0.14	0.14	0.13	0.14

Competitive Comparison of SM Culturentents Co's Debt-to-Equity

For the Leisure subindustry, SM Culturentents 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.

SM Culturentents Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

SM Culturentents Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SM Culturentents 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
	=	(2854.525	+	10853.835)	/	97463.318
	=	0.14

SM Culturentents 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
	=	(2854.525	+	10853.835)	/	97463.318
	=	0.14

SM Culturentents Co (XKRX:048550) 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.

SM Culturentents Co Debt-to-Equity Related Terms

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

SM Culturentents Co (XKRX:048550) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SM Culture & Contents Co Ltd (XKRX:048550) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Samsung-ro 648 Handsome Building, Gangnam-gu, Seoul, KOR

Website

http://www.btnikorea.co.kr

SM Culture & Contents Co Ltd is a Korea based company engaged in planning and developing global visual contents. It also provides differentiated profit model and business through systematic and systemized global actor MC management. The organization is involved in the business of Advertising, Management, Travel and MICE, and Production business. In the Advertising business, the company provides a comprehensive platform for marketing that performs business across lifestyle such as SELPH management, broadcast/entertainment content, mobile, travel, and distribution, as well as advertising business for corporate and brand communication companies.

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