S Polytech Co (XKRX:050760) Debt-to-Equity : 0.56 (As of Mar. 2024)

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What is S Polytech Co Debt-to-Equity?

S Polytech Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩32,377 Mil. S Polytech Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩1,814 Mil. S Polytech Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩61,419 Mil. S Polytech Co's debt to equity for the quarter that ended in Mar. 2024 was 0.56.

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

XKRX:050760' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.72 Max: 0.89
Current: 0.56

During the past 13 years, the highest Debt-to-Equity Ratio of S Polytech Co was 0.89. The lowest was 0.35. And the median was 0.72.

XKRX:050760's Debt-to-Equity is ranked worse than
57.92% of 1516 companies
in the Construction industry
Industry Median: 0.44 vs XKRX:050760: 0.56

S Polytech Co Debt-to-Equity Historical Data

The historical data trend for S Polytech 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.

S Polytech Co Debt-to-Equity Chart

S Polytech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.63

0.70

0.42

0.45

0.62

S Polytech 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															0.59	0.58	0.56	0.62	0.56

Competitive Comparison of S Polytech Co's Debt-to-Equity

For the Building Products & Equipment subindustry, S Polytech 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.

S Polytech Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, S Polytech Co's Debt-to-Equity distribution charts can be found below:

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

S Polytech Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

S Polytech 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
	=	(35274.837	+	2005.806)	/	59997.096
	=	0.62

S Polytech Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(32377.168	+	1814.234)	/	61418.537
	=	0.56

S Polytech Co (XKRX:050760) 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.

S Polytech Co Debt-to-Equity Related Terms

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

S Polytech Co (XKRX:050760) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » S Polytech Co Ltd (XKRX:050760) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

275, Hansam-ro, Deoksan-myeon, Jincheon-gun, Chungcheongbuk-do, KOR, 27850

Website

http://www.spolytech.com

S Polytech Co Ltd is engaged in manufacturing and selling engineering plastic sheets and films in South Korea. It offers polycarbonate (PC) sheets, PC Naehoo sheets, PC heat cut sheets, PC films, PMMA sheets and films, light guide panels, diffusion panels, SF layers, and PETG products. It also provides flat, wing, and snap-on connector type multiwall sheets; and sky glasses. The company's products are used in industrial, construction, electric, electronic, and automobile sectors.

S Polytech Co (XKRX:050760) Headlines

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