GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Korea Ratings Corp (XKRX:034950) » Definitions » Debt-to-Equity

Korea Ratings (XKRX:034950) Debt-to-Equity : 0.02 (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Korea Ratings Debt-to-Equity?

Korea Ratings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩593 Mil. Korea Ratings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩1,699 Mil. Korea Ratings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩106,346 Mil. Korea Ratings's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 Korea Ratings's Debt-to-Equity or its related term are showing as below:

XKRX:034950' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.02
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Korea Ratings was 0.02. The lowest was 0.00. And the median was 0.02.

XKRX:034950's Debt-to-Equity is ranked better than
92.12% of 609 companies
in the Capital Markets industry
Industry Median: 0.37 vs XKRX:034950: 0.02

Korea Ratings Debt-to-Equity Historical Data

The historical data trend for Korea Ratings'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.

Korea Ratings Debt-to-Equity Chart

Korea Ratings 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 0.02 0.02 0.01 - 0.02

Korea Ratings 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 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 - - 0.03 0.03 0.02

Competitive Comparison of Korea Ratings's Debt-to-Equity

For the Capital Markets subindustry, Korea Ratings'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.


Korea Ratings's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Korea Ratings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Korea Ratings's Debt-to-Equity falls into.



Korea Ratings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Korea Ratings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Korea Ratings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Korea Ratings  (XKRX:034950) 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.


Korea Ratings Debt-to-Equity Related Terms

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


Korea Ratings (XKRX:034950) Business Description

Traded in Other Exchanges
N/A
Address
97, Uisadang-daero, Yeongdeungpo-gu, Seoul, KOR, 07327
Korea Ratings Corp is engaged in the credit rating services for securities including bond, ABS and CP and business valuation services mainly for financial and banking sectors in South Korea.

Korea Ratings (XKRX:034950) Headlines

No Headlines