Kginicis Co (XKRX:035600) Debt-to-Equity : 0.73 (As of Mar. 2024)

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What is Kginicis Co Debt-to-Equity?

Kginicis Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩190,139 Mil. Kginicis Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩139,531 Mil. Kginicis Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩454,638 Mil. Kginicis Co's debt to equity for the quarter that ended in Mar. 2024 was 0.73.

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

XKRX:035600' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.96 Max: 1.53
Current: 0.73

During the past 13 years, the highest Debt-to-Equity Ratio of Kginicis Co was 1.53. The lowest was 0.56. And the median was 0.96.

XKRX:035600's Debt-to-Equity is ranked worse than
79.96% of 2211 companies
in the Software industry
Industry Median: 0.21 vs XKRX:035600: 0.73

Kginicis Co Debt-to-Equity Historical Data

The historical data trend for Kginicis 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.

Kginicis Co Debt-to-Equity Chart

Kginicis Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.53

1.24

0.99

0.69

0.76

Kginicis 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-Equity	Get a 7-Day Free Trial															0.77	0.71	0.76	0.76	0.73

Competitive Comparison of Kginicis Co's Debt-to-Equity

For the Software - Infrastructure subindustry, Kginicis 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.

Kginicis Co's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Kginicis Co's Debt-to-Equity distribution charts can be found below:

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

Kginicis Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kginicis 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
	=	(219953.211	+	140959.196)	/	475452.145
	=	0.76

Kginicis 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
	=	(190138.582	+	139530.742)	/	454637.721
	=	0.73

Kginicis Co (XKRX:035600) 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.

Kginicis Co Debt-to-Equity Related Terms

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Kginicis Co (XKRX:035600) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kginicis Co Ltd (XKRX:035600) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

12F, Ace Hi-end Tower 2, 222-14, Guro-dong, Guro-gu, Seoul, KOR, 152-050

Website

http://www.inicis.com

Kginicis Co Ltd is primarily engaged in the provision of electronic payment gateway services and the internet and computer operation-related business. The company offers a comprehensive line of payment services including credit, debit, purchasing card, electronic fund transfer processing, gift card, loyalty card, stored value cards, point-of-sale equipment, and related services; merchant accounting and customized reporting.

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