J2KBio Co (XKRX:420570) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is J2KBio Co Debt-to-Equity?

J2KBio Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩634 Mil. J2KBio Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩2,514 Mil. J2KBio Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩27,197 Mil. J2KBio Co's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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 J2KBio Co's Debt-to-Equity or its related term are showing as below:

XKRX:420570' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.16 Max: 0.31
Current: 0.12

During the past 5 years, the highest Debt-to-Equity Ratio of J2KBio Co was 0.31. The lowest was 0.07. And the median was 0.16.

XKRX:420570's Debt-to-Equity is ranked better than
75.14% of 1392 companies
in the Chemicals industry
Industry Median: 0.35 vs XKRX:420570: 0.12

J2KBio Co Debt-to-Equity Historical Data

The historical data trend for J2KBio 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.

J2KBio Co Debt-to-Equity Chart

J2KBio Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.71

0.70

0.47

0.31

0.07

J2KBio Co Quarterly Data
	Dec22	Mar23	Jun23	Dec23	Mar24
Debt-to-Equity	0.31	N/A	0.20	0.07	0.12

Competitive Comparison of J2KBio Co's Debt-to-Equity

For the Specialty Chemicals subindustry, J2KBio 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.

J2KBio Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, J2KBio Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where J2KBio Co's Debt-to-Equity falls into.

J2KBio Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

J2KBio 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
	=	(718.632	+	526.883)	/	17812.25
	=	0.07

J2KBio 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
	=	(634.183	+	2513.815)	/	27196.816
	=	0.12

J2KBio Co (XKRX:420570) 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.

J2KBio Co Debt-to-Equity Related Terms

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J2KBio Co (XKRX:420570) Business Description

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