Hanwha Aerospace Co (XKRX:012450) Debt-to-Equity : 1.45 (As of Mar. 2024)

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What is Hanwha Aerospace Co Debt-to-Equity?

Hanwha Aerospace Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩2,792,774 Mil. Hanwha Aerospace Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩2,229,277 Mil. Hanwha Aerospace Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩3,474,442 Mil. Hanwha Aerospace Co's debt to equity for the quarter that ended in Mar. 2024 was 1.45.

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

XKRX:012450' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.8 Max: 1.27
Current: 1.18

During the past 13 years, the highest Debt-to-Equity Ratio of Hanwha Aerospace Co was 1.27. The lowest was 0.23. And the median was 0.80.

XKRX:012450's Debt-to-Equity is ranked worse than
80.54% of 257 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs XKRX:012450: 1.18

Hanwha Aerospace Co Debt-to-Equity Historical Data

The historical data trend for Hanwha Aerospace 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.

Hanwha Aerospace Co Debt-to-Equity Chart

Hanwha Aerospace Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.88

0.95

0.96

1.27

1.18

Hanwha Aerospace 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															1.09	1.11	1.29	1.18	1.45

Competitive Comparison of Hanwha Aerospace Co's Debt-to-Equity

For the Aerospace & Defense subindustry, Hanwha Aerospace 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.

Hanwha Aerospace Co's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hanwha Aerospace Co's Debt-to-Equity distribution charts can be found below:

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

Hanwha Aerospace Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hanwha Aerospace 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
	=	(2609061.526	+	1560955.89)	/	3528357.488
	=	1.18

Hanwha Aerospace 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
	=	(2792773.617	+	2229276.663)	/	3474441.928
	=	1.45

Hanwha Aerospace Co (XKRX:012450) 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.

Hanwha Aerospace Co Debt-to-Equity Related Terms

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Hanwha Aerospace Co (XKRX:012450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hanwha Aerospace Co Ltd (XKRX:012450) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1204, Changwon-daero, Seongsan-gu, Changwon-si, Gyeongnam-do, KOR

Website

https://www.hanwhaaerospace.com

Hanwha Aerospace is an aircraft engine manufacturer in South Korea. It has two business divisions: aircraft engine and aero mechanical system. Through the aircraft engine division, the company is engaged in precision machining specialized to develop, manufacture, and maintain aircraft engines. The aero mechanical system division supplies aerospace and defense companies for building hydraulic parts, flight control actuators, and fuel systems. The firm previously operated under the name Hanwha Techwin.

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