Hanjin Transportation Co (XKRX:002320) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Hanjin Transportation Co Debt-to-Equity?

Hanjin Transportation Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0 Mil. Hanjin Transportation Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0 Mil. Hanjin Transportation Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩1,397,841 Mil. Hanjin Transportation Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

XKRX:002320' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.03 Med: 1.43 Max: 2.15
Current: 1.45

During the past 13 years, the highest Debt-to-Equity Ratio of Hanjin Transportation Co was 2.15. The lowest was 1.03. And the median was 1.43.

XKRX:002320's Debt-to-Equity is ranked worse than
79.59% of 882 companies
in the Transportation industry
Industry Median: 0.56 vs XKRX:002320: 1.45

Hanjin Transportation Co Debt-to-Equity Historical Data

The historical data trend for Hanjin Transportation 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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Hanjin Transportation Co Debt-to-Equity Chart

Hanjin Transportation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.10

1.66

1.50

1.38

1.43

Hanjin Transportation Co 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															1.44	1.43	1.43	1.43	-

Competitive Comparison of Hanjin Transportation Co's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Hanjin Transportation 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.

Hanjin Transportation Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hanjin Transportation Co's Debt-to-Equity distribution charts can be found below:

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

Hanjin Transportation Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hanjin Transportation 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
	=	(707633.869	+	1314397.855)	/	1410616.452
	=	1.43

Hanjin Transportation Co'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
	=	(0	+	0)	/	1397840.936
	=	0.00

Hanjin Transportation Co (XKRX:002320) 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.

Hanjin Transportation Co Debt-to-Equity Related Terms

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Hanjin Transportation Co (XKRX:002320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hanjin Transportation Co Ltd (XKRX:002320) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

63, Namdaemun-ro, 20th Floor Hanjin New Building, Jung-gu, Seoul, KOR

Website

http://www.hanjin.co.kr

Hanjin Transportation Co Ltd is engaged in providing transportation and logistics services in Korea. The company's services include 3PL (Third Party Logistics), global express, shipping, forwarding, packaging and moving, overseas business, stevedoring, small package delivery, inland transportation, warehousing, heavy cargo transportation and rent-a-car. The group operates in various markets including China, Central Asia, Southeast Asia, and Europe.

Hanjin Transportation Co (XKRX:002320) Headlines

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