Seohee Construction Co (XKRX:035890) Debt-to-Equity : 0.13 (As of Mar. 2024)

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What is Seohee Construction Co Debt-to-Equity?

Seohee Construction Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩92,567 Mil. Seohee Construction Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩25,822 Mil. Seohee Construction Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩898,792 Mil. Seohee Construction Co's debt to equity for the quarter that ended in Mar. 2024 was 0.13.

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

XKRX:035890' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.49 Max: 1.16
Current: 0.13

During the past 13 years, the highest Debt-to-Equity Ratio of Seohee Construction Co was 1.16. The lowest was 0.13. And the median was 0.49.

XKRX:035890's Debt-to-Equity is ranked better than
75.97% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs XKRX:035890: 0.13

Seohee Construction Co Debt-to-Equity Historical Data

The historical data trend for Seohee Construction 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.

Seohee Construction Co Debt-to-Equity Chart

Seohee Construction Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.40

0.42

0.36

0.22

0.15

Seohee Construction 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															0.20	0.16	0.15	0.15	0.13

Competitive Comparison of Seohee Construction Co's Debt-to-Equity

For the Engineering & Construction subindustry, Seohee Construction 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.

Seohee Construction Co's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Seohee Construction Co's Debt-to-Equity distribution charts can be found below:

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

Seohee Construction Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Seohee Construction 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
	=	(95216.627	+	27945.859)	/	843838.96
	=	0.15

Seohee Construction 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
	=	(92567.23	+	25822.469)	/	898791.835
	=	0.13

Seohee Construction Co (XKRX:035890) 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.

Seohee Construction Co Debt-to-Equity Related Terms

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

Seohee Construction Co (XKRX:035890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Seohee Construction Co Ltd (XKRX:035890) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

South Ring Road 2583, Seo-hee Towers 13 Stories, Seocho-gu, Seocho-dong, Seoul, KOR

Website

http://www.seohee.co.kr

Seohee Construction Co Ltd operates as a construction company primarily in South Korea. It primarily undertakes housing, enforcement, redevelopment, reconstruction, officetels, public apartment, civil engineering, and environment projects, as well as other private contracts. It also invests in environment conservation and environmental projects for the development of new and renewable energy.

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