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Huvitz Co (XKRX:065510) Debt-to-Equity : 0.50 (As of Mar. 2024)


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What is Huvitz Co Debt-to-Equity?

Huvitz Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩55,395 Mil. Huvitz Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩750 Mil. Huvitz Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩112,723 Mil. Huvitz 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 Huvitz Co's Debt-to-Equity or its related term are showing as below:

XKRX:065510' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35   Med: 0.49   Max: 1.23
Current: 0.5

During the past 13 years, the highest Debt-to-Equity Ratio of Huvitz Co was 1.23. The lowest was 0.35. And the median was 0.49.

XKRX:065510's Debt-to-Equity is ranked worse than
71.1% of 699 companies
in the Medical Devices & Instruments industry
Industry Median: 0.22 vs XKRX:065510: 0.50

Huvitz Co Debt-to-Equity Historical Data

The historical data trend for Huvitz 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.

Huvitz Co Debt-to-Equity Chart

Huvitz 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 0.44 0.66 0.42 0.43 0.51

Huvitz 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 0.47 0.49 0.46 0.51 0.50

Competitive Comparison of Huvitz Co's Debt-to-Equity

For the Medical Devices subindustry, Huvitz 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.


Huvitz Co's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Huvitz Co's Debt-to-Equity distribution charts can be found below:

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



Huvitz Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Huvitz 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.


Huvitz Co  (XKRX:065510) 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.


Huvitz Co Debt-to-Equity Related Terms

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Huvitz Co (XKRX:065510) Business Description

Traded in Other Exchanges
N/A
Address
689-3 Geumjeong-dong, Gunpo-si, Gyeonggi, KOR, 435-862
Huvitz Co Ltd is engaged in developing and selling optometric medical equipment worldwide. The company offers ophthalmic and optical equipment comprising refractive equipment, such as auto ref/keratometers, auto lensmeters, digital refractors, chart projectors, and unit tables; and diagnostic equipment comprising slit lamps, non-contact tonometers, and applanation tonometers, as well as surgical products.

Huvitz Co (XKRX:065510) Headlines

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