Kumho Electric (XKRX:001210) Debt-to-Equity : 1.71 (As of Mar. 2024)

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What is Kumho Electric Debt-to-Equity?

Kumho Electric's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩30,232 Mil. Kumho Electric's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩4,647 Mil. Kumho Electric's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩20,370 Mil. Kumho Electric's debt to equity for the quarter that ended in Mar. 2024 was 1.71.

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

XKRX:001210' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.96 Med: 1.8 Max: 3.56
Current: 1.71

During the past 13 years, the highest Debt-to-Equity Ratio of Kumho Electric was 3.56. The lowest was 0.96. And the median was 1.80.

XKRX:001210's Debt-to-Equity is ranked worse than
94.67% of 2629 companies
in the Industrial Products industry
Industry Median: 0.29 vs XKRX:001210: 1.71

Kumho Electric Debt-to-Equity Historical Data

The historical data trend for Kumho Electric'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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Kumho Electric Debt-to-Equity Chart

Kumho Electric Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.17

2.19

1.83

1.56

1.53

Kumho Electric Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.07	1.02	0.96	1.53	1.71

Competitive Comparison of Kumho Electric's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Kumho Electric'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.

Kumho Electric's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kumho Electric's Debt-to-Equity distribution charts can be found below:

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

Kumho Electric Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kumho Electric'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
	=	(26839.22	+	4970.491)	/	20757.831
	=	1.53

Kumho Electric's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(30232.091	+	4647.291)	/	20370.264
	=	1.71

Kumho Electric (XKRX:001210) 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.

Kumho Electric Debt-to-Equity Related Terms

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

Kumho Electric (XKRX:001210) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kumho Electric Inc (XKRX:001210) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

41, Mapo-daero 4da-gil, Mapo-gu, Seoul, KOR, 121-050

Website

http://www.khe.co.kr

Kumho Electric Inc is a Korea-based company engaged in the manufacture of general lightings and display lightings solution. The company offers products such as general lighting consisting of tube type, circular and bulb type fluorescent lamp, electrodeless lamp and electronic ballast, light emitting diode krypton and backlight unit. It also distributes its products within domestic and international markets.

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