Korea No.11 Special Purpose Acquisition Co (XKRX:436610) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Korea No.11 Special Purpose Acquisition Co Debt-to-Equity?

Korea No.11 Special Purpose Acquisition Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0.00 Mil. Korea No.11 Special Purpose Acquisition Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0.00 Mil. Korea No.11 Special Purpose Acquisition Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩11,484.96 Mil. Korea No.11 Special Purpose Acquisition Co's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Korea No.11 Special Purpose Acquisition Co's Debt-to-Equity or its related term are showing as below:

XKRX:436610' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07 Med: 0.07 Max: 0.68
Current: 0.07

During the past 2 years, the highest Debt-to-Equity Ratio of Korea No.11 Special Purpose Acquisition Co was 0.68. The lowest was 0.07. And the median was 0.07.

XKRX:436610's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.13 vs XKRX:436610: 0.07

Korea No.11 Special Purpose Acquisition Co Debt-to-Equity Historical Data

The historical data trend for Korea No.11 Special Purpose Acquisition 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.

Korea No.11 Special Purpose Acquisition Co Debt-to-Equity Chart

Korea No.11 Special Purpose Acquisition Co Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

0.07

Korea No.11 Special Purpose Acquisition Co Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			0.07	0.07	0.07	0.07	-

Competitive Comparison of Korea No.11 Special Purpose Acquisition Co's Debt-to-Equity

For the Shell Companies subindustry, Korea No.11 Special Purpose Acquisition 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.

Korea No.11 Special Purpose Acquisition Co's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Korea No.11 Special Purpose Acquisition Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Korea No.11 Special Purpose Acquisition Co's Debt-to-Equity falls into.

Korea No.11 Special Purpose Acquisition Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Korea No.11 Special Purpose Acquisition 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
	=	(0	+	842.192)	/	11395.998
	=	0.07

Korea No.11 Special Purpose Acquisition 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
	=	(0	+	0)	/	11484.957
	=	0.00

Korea No.11 Special Purpose Acquisition Co (XKRX:436610) 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.

Korea No.11 Special Purpose Acquisition Co Debt-to-Equity Related Terms

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Korea No.11 Special Purpose Acquisition Co (XKRX:436610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Korea No.11 Special Purpose Acquisition Co Ltd (XKRX:436610) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

88 Uisadang-daero, Yeongdeungpo-gu, Seoul, KOR

Website

Korea No.11 Special Purpose Acquisition Co Ltd is a blank check company.

Korea No.11 Special Purpose Acquisition Co (XKRX:436610) Headlines

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