Hydro Lithium (XKRX:101670) Debt-to-Equity : 0.41 (As of Dec. 2023)

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What is Hydro Lithium Debt-to-Equity?

Hydro Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩407 Mil. Hydro Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩27,608 Mil. Hydro Lithium's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩68,949 Mil. Hydro Lithium's debt to equity for the quarter that ended in Dec. 2023 was 0.41.

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 Hydro Lithium's Debt-to-Equity or its related term are showing as below:

XKRX:101670' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.41 Max: 1.37
Current: 0.41

During the past 13 years, the highest Debt-to-Equity Ratio of Hydro Lithium was 1.37. The lowest was 0.21. And the median was 0.41.

XKRX:101670's Debt-to-Equity is ranked better than
51.08% of 558 companies
in the Steel industry
Industry Median: 0.415 vs XKRX:101670: 0.41

Hydro Lithium Debt-to-Equity Historical Data

The historical data trend for Hydro Lithium'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.

Hydro Lithium Debt-to-Equity Chart

Hydro Lithium Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.21

1.37

0.41

Hydro Lithium 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															1.37	1.44	1.58	2.34	0.41

Competitive Comparison of Hydro Lithium's Debt-to-Equity

For the Steel subindustry, Hydro Lithium'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.

Hydro Lithium's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hydro Lithium's Debt-to-Equity distribution charts can be found below:

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

Hydro Lithium Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hydro Lithium'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
	=	(406.925	+	27607.639)	/	68948.563
	=	0.41

Hydro Lithium'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
	=	(406.925	+	27607.639)	/	68948.563
	=	0.41

Hydro Lithium (XKRX:101670) 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.

Hydro Lithium Debt-to-Equity Related Terms

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

Hydro Lithium (XKRX:101670) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hydro Lithium Inc (XKRX:101670) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

744-27 Moonhyung-ri, Opo-eup, Gyangju, KOR, 464-894

Website

http://www.korease.co.kr

Hydro Lithium Inc is a Korea-based company mainly engaged in the manufacture of construction supplies. The company's products include permanent anchors, which are used for slope reinforcement; tie cables, which are used for falsework protection; caisson lift lugs, which are used for caisson manufacturing; bridge stay cables, which are used for overhead walkways, as well as prestressed anchor panel (PAP) retaining walls, which are used for slope reinforcement.

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