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Bolak Co (XKRX:002760) Debt-to-Equity : 0.04 (As of Dec. 2023)


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What is Bolak Co Debt-to-Equity?

Bolak Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩80 Mil. Bolak Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩2,073 Mil. Bolak Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩48,779 Mil. Bolak Co's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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

XKRX:002760' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.06   Max: 0.09
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Bolak Co was 0.09. The lowest was 0.03. And the median was 0.06.

XKRX:002760's Debt-to-Equity is ranked better than
89.02% of 1394 companies
in the Chemicals industry
Industry Median: 0.35 vs XKRX:002760: 0.04

Bolak Co Debt-to-Equity Historical Data

The historical data trend for Bolak 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.

Bolak Co Debt-to-Equity Chart

Bolak 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 0.09 0.08 0.07 0.07 0.04

Bolak 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 0.07 0.08 0.07 0.07 0.04

Competitive Comparison of Bolak Co's Debt-to-Equity

For the Specialty Chemicals subindustry, Bolak 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.


Bolak Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bolak Co's Debt-to-Equity distribution charts can be found below:

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



Bolak Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Bolak 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.


Bolak Co  (XKRX:002760) 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.


Bolak Co Debt-to-Equity Related Terms

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Bolak Co (XKRX:002760) Business Description

Traded in Other Exchanges
N/A
Address
Chorok-ro, Yangkam-Myeon, Hwaseong, Gyeonggi, KOR, 18628
Bolak Co Ltd manufactures food additives and active pharmaceutical ingredients in South Korea. Its products include food flavors, coloring agents, chewing gum base, pharmaceutical materials, and cosmetic ingredients.

Bolak Co (XKRX:002760) Headlines

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