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Korbank (WAR:KOR) Debt-to-Equity : 0.64 (As of Mar. 2024)


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What is Korbank Debt-to-Equity?

Korbank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł4.13 Mil. Korbank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł18.48 Mil. Korbank's Total Stockholders Equity for the quarter that ended in Mar. 2024 was zł35.28 Mil. Korbank's debt to equity for the quarter that ended in Mar. 2024 was 0.64.

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

WAR:KOR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36   Med: 0.66   Max: 1.12
Current: 0.64

During the past 12 years, the highest Debt-to-Equity Ratio of Korbank was 1.12. The lowest was 0.36. And the median was 0.66.

WAR:KOR's Debt-to-Equity is ranked better than
50% of 342 companies
in the Telecommunication Services industry
Industry Median: 0.64 vs WAR:KOR: 0.64

Korbank Debt-to-Equity Historical Data

The historical data trend for Korbank'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.

Korbank Debt-to-Equity Chart

Korbank Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.53 0.36 0.50 0.67

Korbank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
Debt-to-Equity 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 0.86 0.81 0.77 0.72 0.64

Competitive Comparison of Korbank's Debt-to-Equity

For the Telecom Services subindustry, Korbank'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.

Korbank's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Korbank's Debt-to-Equity distribution charts can be found below:

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


Korbank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Korbank's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
=(1.992 + 14.819) / 25.278
=0.67

Korbank'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
=(4.125 + 18.481) / 35.284
=0.64

* 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.

Korbank  (WAR:KOR) 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.

Korbank Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Korbank's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Korbank (WAR:KOR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Korbank SA (WAR:KOR) » Definitions » Debt-to-Equity
Comparable Companies
WAR:U2K WAR:TLS WAR:DGN WAR:TLG WAR:VRB WAR:ECL WAR:AIT WAR:WAS WAR:ETL SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433 TSE:9984
Traded in Other Exchanges
N/A
Address
Ulica Nabycinska 19, Wroclaw, POL, 53-677
Website
http://korbank.pl
Korbank SA is a telecommunication company. The company is engaged in providing services for internet communication. It offers broadband Internet, digital phone and digital cable TV services to individuals and business clients.