KOREA CABLE T V CHUNG-BUK SYSTEM Co (XKRX:066790) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is KOREA CABLE T V CHUNG-BUK SYSTEM Co Debt-to-Equity?

KOREA CABLE T V CHUNG-BUK SYSTEM Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩102 Mil. KOREA CABLE T V CHUNG-BUK SYSTEM Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩794 Mil. KOREA CABLE T V CHUNG-BUK SYSTEM Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩27,539 Mil. KOREA CABLE T V CHUNG-BUK SYSTEM Co's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 KOREA CABLE T V CHUNG-BUK SYSTEM Co's Debt-to-Equity or its related term are showing as below:

XKRX:066790' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.14 Max: 0.66
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of KOREA CABLE T V CHUNG-BUK SYSTEM Co was 0.66. The lowest was 0.03. And the median was 0.14.

XKRX:066790's Debt-to-Equity is ranked better than
87.68% of 844 companies
in the Media - Diversified industry
Industry Median: 0.285 vs XKRX:066790: 0.03

KOREA CABLE T V CHUNG-BUK SYSTEM Co Debt-to-Equity Historical Data

The historical data trend for KOREA CABLE T V CHUNG-BUK SYSTEM 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.

KOREA CABLE T V CHUNG-BUK SYSTEM Co Debt-to-Equity Chart

KOREA CABLE T V CHUNG-BUK SYSTEM Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.11

0.08

0.06

0.16

0.03

KOREA CABLE T V CHUNG-BUK SYSTEM 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															0.16	0.15	0.15	0.04	0.03

Competitive Comparison of KOREA CABLE T V CHUNG-BUK SYSTEM Co's Debt-to-Equity

For the Entertainment subindustry, KOREA CABLE T V CHUNG-BUK SYSTEM 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.

KOREA CABLE T V CHUNG-BUK SYSTEM Co's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, KOREA CABLE T V CHUNG-BUK SYSTEM Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where KOREA CABLE T V CHUNG-BUK SYSTEM Co's Debt-to-Equity falls into.

KOREA CABLE T V CHUNG-BUK SYSTEM Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

KOREA CABLE T V CHUNG-BUK SYSTEM 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
	=	(102.463	+	793.581)	/	27539.47
	=	0.03

KOREA CABLE T V CHUNG-BUK SYSTEM 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
	=	(102.463	+	793.581)	/	27539.47
	=	0.03

KOREA CABLE T V CHUNG-BUK SYSTEM Co (XKRX:066790) 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.

KOREA CABLE T V CHUNG-BUK SYSTEM Co Debt-to-Equity Related Terms

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KOREA CABLE T V CHUNG-BUK SYSTEM Co (XKRX:066790) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » KOREA CABLE T V CHUNG-BUK SYSTEM Co Ltd (XKRX:066790) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Yongsan-dong, Chungju-si, Chungcheongbuk-do, KOR, 380-090

Website

http://www.ccstv.co.kr

KOREA CABLE T V CHUNG-BUK SYSTEM Co Ltd operate as a cable TV service provider in South Korea. The services offered by the company include digital cable TV, digital alay TV, cable TV, channel configurations, data broadcasting, and music broadcast.

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