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Han Express Co (XKRX:014130) Debt-to-Equity : 3.55 (As of Mar. 2024)


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What is Han Express Co Debt-to-Equity?

Han Express Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩149,446 Mil. Han Express Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩126,874 Mil. Han Express Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩77,799 Mil. Han Express Co's debt to equity for the quarter that ended in Mar. 2024 was 3.55.

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

XKRX:014130' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 1.38   Max: 3.55
Current: 3.55

During the past 13 years, the highest Debt-to-Equity Ratio of Han Express Co was 3.55. The lowest was 0.26. And the median was 1.38.

XKRX:014130's Debt-to-Equity is ranked worse than
94.21% of 881 companies
in the Transportation industry
Industry Median: 0.56 vs XKRX:014130: 3.55

Han Express Co Debt-to-Equity Historical Data

The historical data trend for Han Express 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.

Han Express Co Debt-to-Equity Chart

Han Express 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 1.97 2.45 2.92 2.24 3.30

Han Express 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 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 2.36 2.32 2.34 3.30 3.55

Competitive Comparison of Han Express Co's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Han Express 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.


Han Express Co's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Han Express Co's Debt-to-Equity distribution charts can be found below:

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



Han Express Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Han Express Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


Han Express Co  (XKRX:014130) 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.


Han Express Co Debt-to-Equity Related Terms

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


Han Express Co (XKRX:014130) Business Description

Traded in Other Exchanges
N/A
Address
3,4F, 1603-55, Sector 1-dong, Seocho-gu, Seoul, KOR, 402-040
Han Express Co Ltd is a South Korean company operating in the integrated shipping and logistics industry. The company is engaged in transportation of general cargo, defense products, port logistics, bulk cargo, and storage business.

Han Express Co (XKRX:014130) Headlines

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