Kyungdong Invest Co (XKRX:012320) Debt-to-Equity : 0.11 (As of Dec. 2023)

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What is Kyungdong Invest Co Debt-to-Equity?

Kyungdong Invest Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩17,506 Mil. Kyungdong Invest Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩31,523 Mil. Kyungdong Invest Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩462,529 Mil. Kyungdong Invest Co's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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

XKRX:012320' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.22 Max: 0.37
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Kyungdong Invest Co was 0.37. The lowest was 0.11. And the median was 0.22.

XKRX:012320's Debt-to-Equity is ranked better than
88.47% of 477 companies
in the Utilities - Regulated industry
Industry Median: 0.87 vs XKRX:012320: 0.11

Kyungdong Invest Co Debt-to-Equity Historical Data

The historical data trend for Kyungdong Invest 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.

Kyungdong Invest Co Debt-to-Equity Chart

Kyungdong Invest Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.19

0.15

0.12

0.11

Kyungdong Invest 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															0.12	0.09	0.08	0.13	0.11

Competitive Comparison of Kyungdong Invest Co's Debt-to-Equity

For the Utilities - Regulated Gas subindustry, Kyungdong Invest 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.

Kyungdong Invest Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kyungdong Invest Co's Debt-to-Equity distribution charts can be found below:

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

Kyungdong Invest Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kyungdong Invest 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
	=	(17505.681	+	31523.324)	/	462529.273
	=	0.11

Kyungdong Invest 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
	=	(17505.681	+	31523.324)	/	462529.273
	=	0.11

Kyungdong Invest Co (XKRX:012320) 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.

Kyungdong Invest Co Debt-to-Equity Related Terms

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

Kyungdong Invest Co (XKRX:012320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Kyungdong Invest Co Ltd (XKRX:012320) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Gyeongdong, Seongnam-si, Bundang-gu, Seoul, KOR, 13595

Website

http://www.kdinvest.co.kr

Kyungdong Invest Co Ltd is engaged in the city gas supply business. It serves large-scale buyers and city gas companies such as fire-fighting and district heating corporations. In addition, the company is engaged in piping supply and sales and gas equipment manufacturing and sales.

Kyungdong Invest Co (XKRX:012320) Headlines

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