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Daesung Holdings Co (XKRX:016710) Debt-to-Equity : 0.50 (As of Mar. 2024)


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What is Daesung Holdings Co Debt-to-Equity?

Daesung Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩83,555 Mil. Daesung Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩131,875 Mil. Daesung Holdings Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩434,114 Mil. Daesung Holdings Co's debt to equity for the quarter that ended in Mar. 2024 was 0.50.

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

XKRX:016710' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34   Med: 0.55   Max: 0.75
Current: 0.5

During the past 13 years, the highest Debt-to-Equity Ratio of Daesung Holdings Co was 0.75. The lowest was 0.34. And the median was 0.55.

XKRX:016710's Debt-to-Equity is ranked better than
66.53% of 481 companies
in the Utilities - Regulated industry
Industry Median: 0.88 vs XKRX:016710: 0.50

Daesung Holdings Co Debt-to-Equity Historical Data

The historical data trend for Daesung Holdings 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.

Daesung Holdings Co Debt-to-Equity Chart

Daesung Holdings 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 0.52 0.50 0.48 0.50 0.56

Daesung Holdings 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 0.34 0.56 0.58 0.56 0.50

Competitive Comparison of Daesung Holdings Co's Debt-to-Equity

For the Utilities - Regulated Gas subindustry, Daesung Holdings 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.


Daesung Holdings Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

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



Daesung Holdings Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Daesung Holdings 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.


Daesung Holdings Co  (XKRX:016710) 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.


Daesung Holdings Co Debt-to-Equity Related Terms

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Daesung Holdings Co (XKRX:016710) Business Description

Traded in Other Exchanges
N/A
Address
2268-1, Namsan-4-dong, Jung-gu, Daegu, KOR, 700-725
Daesung Holdings Co Ltd is an energy company which specializes in distributing liquefied natural gas in Daegu area. It also provides pipe installation services. The company supplies gas for commercial, residential, and industrial purposes.

Daesung Holdings Co (XKRX:016710) Headlines

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