LOTTE Fine Chemical Co (XKRX:004000) Debt-to-Equity : 0.01 (As of Dec. 2023)

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What is LOTTE Fine Chemical Co Debt-to-Equity?

LOTTE Fine Chemical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩15,735 Mil. LOTTE Fine Chemical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩6,507 Mil. LOTTE Fine Chemical Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩2,383,206 Mil. LOTTE Fine Chemical Co's debt to equity for the quarter that ended in Dec. 2023 was 0.01.

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

XKRX:004000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.36
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of LOTTE Fine Chemical Co was 0.36. The lowest was 0.01. And the median was 0.06.

XKRX:004000's Debt-to-Equity is ranked better than
99.93% of 1396 companies
in the Chemicals industry
Industry Median: 0.35 vs XKRX:004000: 0.01

LOTTE Fine Chemical Co Debt-to-Equity Historical Data

The historical data trend for LOTTE Fine Chemical 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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LOTTE Fine Chemical Co Debt-to-Equity Chart

LOTTE Fine Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.06

0.01

LOTTE Fine Chemical 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															0.01	0.01	0.01	0.01	0.01

Competitive Comparison of LOTTE Fine Chemical Co's Debt-to-Equity

For the Chemicals subindustry, LOTTE Fine Chemical 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.

LOTTE Fine Chemical Co's Debt-to-Equity Distribution in the Chemicals Industry

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

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

LOTTE Fine Chemical Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LOTTE Fine Chemical 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
	=	(15735.479	+	6507.496)	/	2383205.649
	=	0.01

LOTTE Fine Chemical 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
	=	(15735.479	+	6507.496)	/	2383205.649
	=	0.01

LOTTE Fine Chemical Co (XKRX:004000) 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.

LOTTE Fine Chemical Co Debt-to-Equity Related Terms

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LOTTE Fine Chemical Co (XKRX:004000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » LOTTE Fine Chemical Co Ltd (XKRX:004000) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Samsung Materials Research Complex, 130, Samsung-ro, Yeongtong-gu, Suwon-si, Gyeonggi-do, KOR, 100-102

Website

http://www.sfc.samsung.co.kr

LOTTE Fine Chemical Co Ltd manufactures and sells a variety of chemicals, and chemical-based products. The firm organizes itself into three segments based on product type. The chlorine/cellulose segment, which generates the majority of revenue, sells cellulose and caustic soda used to make products for the construction, cement, ceramics, paint, detergent, and personal care industries. The electronic materials segment sells toner for color laser printers, liquid crystal display materials, and lithium nickel cobalt manganese oxide, used in rechargeable batteries. The ammonia segment's products are used in the production of fertilizer, textiles, and pharmaceuticals. The majority of sales come from Asia.

LOTTE Fine Chemical Co (XKRX:004000) Headlines

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