Hyundai Elevator Co (XKRX:017800) Debt-to-Equity : 0.71 (As of Dec. 2023)

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What is Hyundai Elevator Co Debt-to-Equity?

Hyundai Elevator Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩460,961 Mil. Hyundai Elevator Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩456,839 Mil. Hyundai Elevator Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩1,285,988 Mil. Hyundai Elevator Co's debt to equity for the quarter that ended in Dec. 2023 was 0.71.

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

XKRX:017800' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42 Med: 0.55 Max: 0.79
Current: 0.71

During the past 13 years, the highest Debt-to-Equity Ratio of Hyundai Elevator Co was 0.79. The lowest was 0.42. And the median was 0.55.

XKRX:017800's Debt-to-Equity is ranked worse than
77.04% of 2626 companies
in the Industrial Products industry
Industry Median: 0.29 vs XKRX:017800: 0.71

Hyundai Elevator Co Debt-to-Equity Historical Data

The historical data trend for Hyundai Elevator 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.

Hyundai Elevator Co Debt-to-Equity Chart

Hyundai Elevator Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.53

0.50

0.54

0.59

0.71

Hyundai Elevator 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															0.59	0.53	0.55	0.63	0.71

Competitive Comparison of Hyundai Elevator Co's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Hyundai Elevator 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.

Hyundai Elevator Co's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hyundai Elevator Co's Debt-to-Equity distribution charts can be found below:

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

Hyundai Elevator Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hyundai Elevator 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
	=	(460960.907	+	456838.726)	/	1285987.974
	=	0.71

Hyundai Elevator 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
	=	(460960.907	+	456838.726)	/	1285987.974
	=	0.71

Hyundai Elevator Co (XKRX:017800) 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.

Hyundai Elevator Co Debt-to-Equity Related Terms

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

Hyundai Elevator Co (XKRX:017800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hyundai Elevator Co Ltd (XKRX:017800) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

San 136-1 Ami-ri, Bubal-eup, Icheon, Gyeonggi, KOR, 467-734

Website

http://www.hyundaielevator.co.kr

Hyundai Elevator Co Ltd, which is an affiliate of Hyundai Group, is a South Korea-based company that provides moving solutions. The company designs, installs and maintains elevators, escalators, moving walkways, automated material handling systems, parking systems for cars and bikes, platform screen doors, auto-sliding canopy, gap-zero and others. The company's products are used in shopping centers, hotels, department stores, airports, subways, large-scale sporting facilities, train stations, bus terminals, distribution centers, cold storage facilities, air cargo systems, and others.

Hyundai Elevator Co (XKRX:017800) Headlines

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