Avaco Co (XKRX:083930) Debt-to-Equity : 0.02 (As of Mar. 2024)

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What is Avaco Co Debt-to-Equity?

Avaco Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩0 Mil. Avaco Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩2,989 Mil. Avaco Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩185,672 Mil. Avaco Co's debt to equity for the quarter that ended in Mar. 2024 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 Avaco Co's Debt-to-Equity or its related term are showing as below:

XKRX:083930' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.06
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Avaco Co was 0.06. The lowest was 0.00. And the median was 0.02.

XKRX:083930's Debt-to-Equity is ranked better than
90.86% of 875 companies
in the Semiconductors industry
Industry Median: 0.26 vs XKRX:083930: 0.02

Avaco Co Debt-to-Equity Historical Data

The historical data trend for Avaco 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.

Avaco Co Debt-to-Equity Chart

Avaco Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.05

0.01

0.02

Avaco 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															-	-	0.02	0.02	0.02

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

For the Semiconductors subindustry, Avaco 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.

Avaco Co's Debt-to-Equity Distribution in the Semiconductors Industry

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

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

Avaco Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avaco 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
	=	(0	+	3014.789)	/	184176.568
	=	0.02

Avaco 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
	=	(0	+	2989.388)	/	185672.293
	=	0.02

Avaco Co (XKRX:083930) 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.

Avaco Co Debt-to-Equity Related Terms

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Avaco Co (XKRX:083930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Avaco Co Ltd (XKRX:083930) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1107, Wolam-Dong, Dalseo-Gu, Daegu, KOR, 704-833

Website

http://www.avaco.co.kr

Avaco Co Ltd is engaged in manufacturing of equipment for flat panel displays in South Korea. It offers display products, such as in-line sputters, vacuum baking systems, and ceiling transfers; PV products, including solar cell sputters; and other industry products comprising roll to roll sputters, ion plating, E-beam evaporation, and flat glass products.

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