ABKO Co (XKRX:129890) Debt-to-Equity : 0.49 (As of Mar. 2024)

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What is ABKO Co Debt-to-Equity?

ABKO Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩9,577 Mil. ABKO Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩20,158 Mil. ABKO Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩60,395 Mil. ABKO Co's debt to equity for the quarter that ended in Mar. 2024 was 0.49.

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

XKRX:129890' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.53 Max: 1.59
Current: 0.49

During the past 6 years, the highest Debt-to-Equity Ratio of ABKO Co was 1.59. The lowest was 0.34. And the median was 0.53.

XKRX:129890's Debt-to-Equity is ranked worse than
66.41% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs XKRX:129890: 0.49

ABKO Co Debt-to-Equity Historical Data

The historical data trend for ABKO 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.

ABKO Co Debt-to-Equity Chart

ABKO Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.77

0.54

0.44

0.68

0.53

ABKO Co Quarterly Data
	Jun19	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													0.70	0.66	0.63	0.53	0.49

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

For the Computer Hardware subindustry, ABKO 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.

ABKO Co's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, ABKO Co's Debt-to-Equity distribution charts can be found below:

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

ABKO Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ABKO 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
	=	(9123.003	+	21311.066)	/	57913.085
	=	0.53

ABKO 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
	=	(9577.159	+	20158.158)	/	60394.712
	=	0.49

ABKO Co (XKRX:129890) 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.

ABKO Co Debt-to-Equity Related Terms

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ABKO Co (XKRX:129890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ABKO Co Ltd (XKRX:129890) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Magokjungang 1-ro, Gangseo-gu, 7th Floor, Seoul, KOR

Website

http://www.abko.co.kr

ABKO Co Ltd is engaged in the business of manufacturing and marketing gaming supplies, computer peripherals, and other related products.

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