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Taekwang Industrial Co (XKRX:003240) Debt-to-Revenue : 0.05 (As of Mar. 2024)


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What is Taekwang Industrial Co Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Taekwang Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩88,233 Mil. Taekwang Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩11,584 Mil. Taekwang Industrial Co's annualized Revenue for the quarter that ended in Mar. 2024 was ₩2,217,571 Mil. Taekwang Industrial Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.05.


Taekwang Industrial Co Debt-to-Revenue Historical Data

The historical data trend for Taekwang Industrial Co's Debt-to-Revenue 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.

Taekwang Industrial Co Debt-to-Revenue Chart

Taekwang Industrial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.07 0.04 0.03 0.04

Taekwang Industrial Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.04 0.05 0.05

Competitive Comparison of Taekwang Industrial Co's Debt-to-Revenue

For the Chemicals subindustry, Taekwang Industrial Co's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Taekwang Industrial Co's Debt-to-Revenue Distribution in the Chemicals Industry

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

* The bar in red indicates where Taekwang Industrial Co's Debt-to-Revenue falls into.



Taekwang Industrial Co Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Taekwang Industrial Co's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(85887.877 + 13844.117) / 2265489.918
=0.04

Taekwang Industrial Co's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(88232.608 + 11584.112) / 2217570.516
=0.05

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Taekwang Industrial Co Debt-to-Revenue Related Terms

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Taekwang Industrial Co (XKRX:003240) Business Description

Traded in Other Exchanges
N/A
Address
162-1 Jangchung-dong 2-Ga, Jung-gu, Seoul, KOR, 100-392
Taekwang Industrial Co Ltd functions basically in the oil & gas industry in Korea. Its scope of business includes petrochemical products, fibers, and textiles. Its petrochemicals include purified terephthalic acid (PTA), propylene, acrylonitrile, sodium cyanide. The company's fiber products derived from its chemicals include acrylic fibers, nylons, spandex, spun yarns, worsted fabrics, cotton fabrics. Apart from its core business, the company also ventures into property renting and broadcast communication businesses.

Taekwang Industrial Co (XKRX:003240) Headlines

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