IBKS No.21 Special Purpose Acquisition Co (XKRX:442770) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is IBKS No.21 Special Purpose Acquisition Co Debt-to-Equity?

IBKS No.21 Special Purpose Acquisition Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0.00 Mil. IBKS No.21 Special Purpose Acquisition Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0.00 Mil. IBKS No.21 Special Purpose Acquisition Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩8,584.54 Mil. IBKS No.21 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 IBKS No.21 Special Purpose Acquisition Co's Debt-to-Equity or its related term are showing as below:

XKRX:442770' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.18 Max: 0.18
Current: 0.18

During the past 2 years, the highest Debt-to-Equity Ratio of IBKS No.21 Special Purpose Acquisition Co was 0.18. The lowest was 0.17. And the median was 0.18.

XKRX:442770's Debt-to-Equity is ranked worse than
62.98% of 289 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs XKRX:442770: 0.18

IBKS No.21 Special Purpose Acquisition Co Debt-to-Equity Historical Data

The historical data trend for IBKS No.21 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.

IBKS No.21 Special Purpose Acquisition Co Debt-to-Equity Chart

IBKS No.21 Special Purpose Acquisition Co Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

0.17

0.18

IBKS No.21 Special Purpose Acquisition Co Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			0.18	0.18	0.18	0.18	-

Competitive Comparison of IBKS No.21 Special Purpose Acquisition Co's Debt-to-Equity

For the Shell Companies subindustry, IBKS No.21 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.

IBKS No.21 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, IBKS No.21 Special Purpose Acquisition Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where IBKS No.21 Special Purpose Acquisition Co's Debt-to-Equity falls into.

IBKS No.21 Special Purpose Acquisition Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

IBKS No.21 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	+	1510.909)	/	8547.42
	=	0.18

IBKS No.21 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)	/	8584.543
	=	0.00

IBKS No.21 Special Purpose Acquisition Co (XKRX:442770) 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.

IBKS No.21 Special Purpose Acquisition Co Debt-to-Equity Related Terms

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IBKS No.21 Special Purpose Acquisition Co (XKRX:442770) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » IBKS No.21 Special Purpose Acquisition Co (XKRX:442770) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

11, Gukjegeumyung-ro 6-gil, Yeoido-dong, Samdeok Building, Yeongdeungpo-gu, Seoul, KOR

Website

IBKS No.21 Special Purpose Acquisition Co is a special purpose acquisition company.

IBKS No.21 Special Purpose Acquisition Co (XKRX:442770) Headlines

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