HRS Co (XKRX:036640) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is HRS Co Debt-to-Equity?

HRS Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩1,986 Mil. HRS Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩102 Mil. HRS Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩114,507 Mil. HRS Co's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

XKRX:036640' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.11 Max: 0.36
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of HRS Co was 0.36. The lowest was 0.02. And the median was 0.11.

XKRX:036640's Debt-to-Equity is ranked better than
95.57% of 1399 companies
in the Chemicals industry
Industry Median: 0.35 vs XKRX:036640: 0.02

HRS Co Debt-to-Equity Historical Data

The historical data trend for HRS 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.

HRS Co Debt-to-Equity Chart

HRS Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.14

0.03

0.09

0.03

0.02

HRS Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.03	0.02	0.02	0.02

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

For the Specialty Chemicals subindustry, HRS 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.

HRS Co's Debt-to-Equity Distribution in the Chemicals Industry

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

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

HRS Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HRS 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
	=	(1985.894	+	102.263)	/	114507.188
	=	0.02

HRS Co's Debt to Equity Ratio for the quarter 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
	=	(1985.894	+	102.263)	/	114507.188
	=	0.02

HRS Co (XKRX:036640) 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.

HRS Co Debt-to-Equity Related Terms

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HRS Co (XKRX:036640) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » HRS Co Ltd (XKRX:036640) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

43 Yoido-dong, Youngdeungpo-Ku, Seoul, KOR, 150-733

Website

http://www.hrssilicone.com

HRS Co Ltd is a South Korea-based company engaged in the manufacture and distribution of silicone rubbers. Its product portfolio consists of millable type high temperature vulcanizing (HTV) silicone rubbers, liquid silicone rubbers (LSRs), room temperature vulcanizing (RTV) silicone rubbers, silicon sheet (SS) products, and others. The company's products are used for electric and electrical equipment, automobiles, communications, medical equipment, and other areas.

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