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Sungchang Enterprise Holdings (XKRX:000180) Debt-to-Equity : 0.16 (As of Dec. 2023)


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What is Sungchang Enterprise Holdings Debt-to-Equity?

Sungchang Enterprise Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩87,702 Mil. Sungchang Enterprise Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩5,783 Mil. Sungchang Enterprise Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩573,235 Mil. Sungchang Enterprise Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.16.

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

XKRX:000180' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.15   Max: 0.18
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of Sungchang Enterprise Holdings was 0.18. The lowest was 0.07. And the median was 0.15.

XKRX:000180's Debt-to-Equity is ranked better than
72.18% of 266 companies
in the Forest Products industry
Industry Median: 0.49 vs XKRX:000180: 0.16

Sungchang Enterprise Holdings Debt-to-Equity Historical Data

The historical data trend for Sungchang Enterprise 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.

Sungchang Enterprise Holdings Debt-to-Equity Chart

Sungchang Enterprise Holdings 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 0.16 0.15 0.13 0.18 0.16

Sungchang Enterprise 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 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 0.18 0.17 0.17 0.17 0.16

Competitive Comparison of Sungchang Enterprise Holdings's Debt-to-Equity

For the Lumber & Wood Production subindustry, Sungchang Enterprise 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.


Sungchang Enterprise Holdings's Debt-to-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sungchang Enterprise Holdings's Debt-to-Equity distribution charts can be found below:

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



Sungchang Enterprise Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sungchang Enterprise Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sungchang Enterprise Holdings'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.


Sungchang Enterprise Holdings  (XKRX:000180) 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.


Sungchang Enterprise Holdings Debt-to-Equity Related Terms

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


Sungchang Enterprise Holdings (XKRX:000180) Business Description

Traded in Other Exchanges
N/A
Address
627 Dadae-ro, Saha-gu, Busan, KOR, 49526
Sungchang Enterprise Holdings Ltd is a Korea-based company mainly engaged in the manufacture of plywood, wood flooring products, and particle boards. The company primarily distributes its products to the domestic and international construction industry.

Sungchang Enterprise Holdings (XKRX:000180) Headlines

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