Gaia Co (XKRX:296520) Debt-to-Equity : 0.52 (As of Dec. 2023)

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What is Gaia Co Debt-to-Equity?

Gaia Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩3,129 Mil. Gaia Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩9 Mil. Gaia Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩6,040 Mil. Gaia Co's debt to equity for the quarter that ended in Dec. 2023 was 0.52.

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

XKRX:296520' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.32 Med: 0.47 Max: 2.04
Current: 0.52

During the past 8 years, the highest Debt-to-Equity Ratio of Gaia Co was 2.04. The lowest was -2.32. And the median was 0.47.

XKRX:296520's Debt-to-Equity is ranked worse than
52.75% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs XKRX:296520: 0.52

Gaia Co Debt-to-Equity Historical Data

The historical data trend for Gaia 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.

Gaia Co Debt-to-Equity Chart

Gaia Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-2.32

-0.86

-1.73

0.42

0.52

Gaia Co Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			-2.32	-0.86	-1.73	0.42	0.52

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

For the Leisure subindustry, Gaia 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.

Gaia Co's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gaia Co's Debt-to-Equity distribution charts can be found below:

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

Gaia Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gaia 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
	=	(3129.297	+	8.594)	/	6039.708
	=	0.52

Gaia 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
	=	(3129.297	+	8.594)	/	6039.708
	=	0.52

Gaia Co (XKRX:296520) 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.

Gaia Co Debt-to-Equity Related Terms

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

Gaia Co (XKRX:296520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gaia Corp Co Ltd (XKRX:296520) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 Jeongbalsan-ro, Ilsandong-gu, 9th Floor, T4-901 to 909, Janghang-dong, Western Dome 2, Gyeonggi-do, Goyang-si,, KOR

Website

https://www.gaiabiz.co.kr

Gaia Corp Co Ltd engages in manufacturing and distributing toys and baby products.

Gaia Co (XKRX:296520) Headlines

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