Anam Electronics Co (XKRX:008700) Debt-to-Equity : 0.40 (As of Dec. 2023)

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What is Anam Electronics Co Debt-to-Equity?

Anam Electronics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩40,270 Mil. Anam Electronics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩1,837 Mil. Anam Electronics Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩106,563 Mil. Anam Electronics Co's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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

XKRX:008700' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.97 Max: 1.46
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Anam Electronics Co was 1.46. The lowest was 0.40. And the median was 0.97.

XKRX:008700's Debt-to-Equity is ranked worse than
60.24% of 2193 companies
in the Hardware industry
Industry Median: 0.28 vs XKRX:008700: 0.40

Anam Electronics Co Debt-to-Equity Historical Data

The historical data trend for Anam Electronics 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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Anam Electronics Co Debt-to-Equity Chart

Anam Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.98

1.08

1.46

0.96

0.40

Anam Electronics 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															0.96	0.77	0.56	0.46	0.40

Competitive Comparison of Anam Electronics Co's Debt-to-Equity

For the Consumer Electronics subindustry, Anam Electronics 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.

Anam Electronics Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Anam Electronics Co's Debt-to-Equity distribution charts can be found below:

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

Anam Electronics Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Anam Electronics 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
	=	(40269.847	+	1837.472)	/	106563.024
	=	0.40

Anam Electronics 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
	=	(40269.847	+	1837.472)	/	106563.024
	=	0.40

Anam Electronics Co (XKRX:008700) 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.

Anam Electronics Co Debt-to-Equity Related Terms

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

Anam Electronics Co (XKRX:008700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Anam Electronics Co Ltd (XKRX:008700) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

213, Manhae-ro, Danwon-Gu, Ansan, Gyeonggi, KOR, 425-834

Website

http://www.aname.co.kr

Anam Electronics Co Ltd is engaged in the consumer electronics business sector. The company is an original distributor manufacturer which is involved in audio-visual and medical electronics. It also focuses on providing turnkey engineering and manufacturing services for power electronics and other modules used in medical, consumer, and industrial applications. The company is also involved in manufacturing green energy products like battery energy storage system.

Anam Electronics Co (XKRX:008700) Headlines

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