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Seoul City Gas Co (XKRX:017390) Debt-to-Equity : 0.05 (As of Mar. 2024)


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What is Seoul City Gas Co Debt-to-Equity?

Seoul City Gas Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩6,348 Mil. Seoul City Gas Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩48,193 Mil. Seoul City Gas Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩1,082,405 Mil. Seoul City Gas Co's debt to equity for the quarter that ended in Mar. 2024 was 0.05.

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 Seoul City Gas Co's Debt-to-Equity or its related term are showing as below:

XKRX:017390' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.05   Max: 0.07
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Seoul City Gas Co was 0.07. The lowest was 0.01. And the median was 0.05.

XKRX:017390's Debt-to-Equity is ranked better than
91.65% of 479 companies
in the Utilities - Regulated industry
Industry Median: 0.89 vs XKRX:017390: 0.05

Seoul City Gas Co Debt-to-Equity Historical Data

The historical data trend for Seoul City Gas 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.

Seoul City Gas Co Debt-to-Equity Chart

Seoul City Gas 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 0.07 0.07 0.06 0.05 0.05

Seoul City Gas 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 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of Seoul City Gas Co's Debt-to-Equity

For the Utilities - Regulated Gas subindustry, Seoul City Gas 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.


Seoul City Gas Co's Debt-to-Equity Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Seoul City Gas Co's Debt-to-Equity falls into.



Seoul City Gas Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Seoul City Gas 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.


Seoul City Gas Co  (XKRX:017390) 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.


Seoul City Gas Co Debt-to-Equity Related Terms

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Seoul City Gas Co (XKRX:017390) Business Description

Traded in Other Exchanges
N/A
Address
281 YeomChang-dong, Gangseo-gu, Seoul, KOR, 157-864
Seoul City Gas Co Ltd imports, distributes and supplies natural oil and gas. The company is mainly engaged in distributing of liquefied natural gas (LNG) to residential, commercial and industrial customers. In addition, it also offers integrated safety systems that link geographical information, supervisory control and data acquisition and management information systems.

Seoul City Gas Co (XKRX:017390) Headlines

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