Daishin Balance No.14 Special Purpose Acquisition Co (XKRX:442310) Debt-to-Equity : 0.06 (As of Mar. 2024)

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What is Daishin Balance No.14 Special Purpose Acquisition Co Debt-to-Equity?

Daishin Balance No.14 Special Purpose Acquisition Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0.00 Mil. Daishin Balance No.14 Special Purpose Acquisition Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩752.01 Mil. Daishin Balance No.14 Special Purpose Acquisition Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩12,739.15 Mil. Daishin Balance No.14 Special Purpose Acquisition Co's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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 Daishin Balance No.14 Special Purpose Acquisition Co's Debt-to-Equity or its related term are showing as below:

XKRX:442310' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.06 Max: 0.46
Current: 0.06

During the past 2 years, the highest Debt-to-Equity Ratio of Daishin Balance No.14 Special Purpose Acquisition Co was 0.46. The lowest was 0.06. And the median was 0.06.

XKRX:442310's Debt-to-Equity is ranked better than
70.38% of 287 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs XKRX:442310: 0.06

Daishin Balance No.14 Special Purpose Acquisition Co Debt-to-Equity Historical Data

The historical data trend for Daishin Balance No.14 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.

Daishin Balance No.14 Special Purpose Acquisition Co Debt-to-Equity Chart

Daishin Balance No.14 Special Purpose Acquisition Co Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

0.06

Daishin Balance No.14 Special Purpose Acquisition Co Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			0.06	0.06	0.06	0.06	0.06

Competitive Comparison of Daishin Balance No.14 Special Purpose Acquisition Co's Debt-to-Equity

For the Shell Companies subindustry, Daishin Balance No.14 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.

Daishin Balance No.14 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, Daishin Balance No.14 Special Purpose Acquisition Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Daishin Balance No.14 Special Purpose Acquisition Co's Debt-to-Equity falls into.

Daishin Balance No.14 Special Purpose Acquisition Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Daishin Balance No.14 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	+	736.933)	/	12644.961
	=	0.06

Daishin Balance No.14 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	+	752.006)	/	12739.145
	=	0.06

Daishin Balance No.14 Special Purpose Acquisition Co (XKRX:442310) 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.

Daishin Balance No.14 Special Purpose Acquisition Co Debt-to-Equity Related Terms

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Daishin Balance No.14 Special Purpose Acquisition Co (XKRX:442310) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Daishin Balance No.14 Special Purpose Acquisition Co Ltd (XKRX:442310) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Daishin Finance Center 343, Samil-daero, Jung-gu, Seoul, KOR

Website

https://www.daishin.com

Daishin Balance No.14 Special Purpose Acquisition Co Ltd is a Korean special purpose acquisition company.

Daishin Balance No.14 Special Purpose Acquisition Co (XKRX:442310) Headlines

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