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Iljin Diamond Co (XKRX:081000) Debt-to-Equity : 0.05 (As of Mar. 2024)


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What is Iljin Diamond Co Debt-to-Equity?

Iljin Diamond Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩9,992 Mil. Iljin Diamond Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩8,624 Mil. Iljin Diamond Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩403,346 Mil. Iljin Diamond 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 Iljin Diamond Co's Debt-to-Equity or its related term are showing as below:

XKRX:081000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.19   Max: 0.53
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Iljin Diamond Co was 0.53. The lowest was 0.01. And the median was 0.19.

XKRX:081000's Debt-to-Equity is ranked better than
84.03% of 2630 companies
in the Industrial Products industry
Industry Median: 0.29 vs XKRX:081000: 0.05

Iljin Diamond Co Debt-to-Equity Historical Data

The historical data trend for Iljin Diamond 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.

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Iljin Diamond Co Debt-to-Equity Chart

Iljin Diamond 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 0.03 0.05 0.05 0.06 0.05

Iljin Diamond 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 0.06 0.05 0.05 0.05 0.05

Competitive Comparison of Iljin Diamond Co's Debt-to-Equity

For the Tools & Accessories subindustry, Iljin Diamond 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.


Iljin Diamond Co's Debt-to-Equity Distribution in the Industrial Products Industry

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

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



Iljin Diamond Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Iljin Diamond 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.


Iljin Diamond Co  (XKRX:081000) 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.


Iljin Diamond Co Debt-to-Equity Related Terms

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


Iljin Diamond Co (XKRX:081000) Business Description

Traded in Other Exchanges
N/A
Address
45, Mapo-daero, Mapo-gu, Seoul, KOR
Iljin Diamond Co Ltd is engaged in manufacturing of tools including grit diamond products, cutting tool materials, and Tungsten carbide products in South Korea.

Iljin Diamond Co (XKRX:081000) Headlines

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