C-Site Co (XKRX:109670) Debt-to-Equity : 0.50 (As of Dec. 2023)

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What is C-Site Co Debt-to-Equity?

C-Site Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩25,480 Mil. C-Site Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩1,344 Mil. C-Site Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩53,662 Mil. C-Site Co's debt to equity for the quarter that ended in Dec. 2023 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 C-Site Co's Debt-to-Equity or its related term are showing as below:

XKRX:109670' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.5 Med: 0.58 Max: 0.64
Current: 0.5

During the past 4 years, the highest Debt-to-Equity Ratio of C-Site Co was 0.64. The lowest was 0.50. And the median was 0.58.

XKRX:109670's Debt-to-Equity is ranked worse than
53.73% of 938 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs XKRX:109670: 0.50

C-Site Co Debt-to-Equity Historical Data

The historical data trend for C-Site 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.

C-Site Co Debt-to-Equity Chart

C-Site Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.64

0.59

0.58

0.50

C-Site Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	N/A	0.58	0.61	0.50

Competitive Comparison of C-Site Co's Debt-to-Equity

For the Apparel Manufacturing subindustry, C-Site 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.

C-Site Co's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, C-Site Co's Debt-to-Equity distribution charts can be found below:

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

C-Site Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

C-Site 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
	=	(25480.097	+	1343.712)	/	53661.98
	=	0.50

C-Site Co'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
	=	(25480.097	+	1343.712)	/	53661.98
	=	0.50

C-Site Co (XKRX:109670) 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.

C-Site Co Debt-to-Equity Related Terms

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

C-Site Co (XKRX:109670) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » C-Site Co Ltd (XKRX:109670) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

625 Teheran-ro, Gangnam-gu, Samseong-dong, Seoul, KOR

Website

https://www.c-site.co.kr

C-Site Co Ltd is a clothing manufacturing company that produces knit clothing using Original Equipment Manufacturing and some Original Development Manufacturing methods. Their main product is KNIT, and most of the sales are made through the OEM method. Major customers include GAP, American Eagle Outfitters, H & M Hennes & Mauritz AB, and all products are manufactured and exported from overseas subsidiaries.

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