Poongwon Precision Co (XKRX:371950) Debt-to-Equity : 0.76 (As of Mar. 2024)

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What is Poongwon Precision Co Debt-to-Equity?

Poongwon Precision Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩25,553 Mil. Poongwon Precision Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩14,003 Mil. Poongwon Precision Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩51,939 Mil. Poongwon Precision Co's debt to equity for the quarter that ended in Mar. 2024 was 0.76.

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

XKRX:371950' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.34 Max: 1.08
Current: 0.76

During the past 7 years, the highest Debt-to-Equity Ratio of Poongwon Precision Co was 1.08. The lowest was 0.13. And the median was 0.34.

XKRX:371950's Debt-to-Equity is ranked worse than
79.32% of 2191 companies
in the Hardware industry
Industry Median: 0.29 vs XKRX:371950: 0.76

Poongwon Precision Co Debt-to-Equity Historical Data

The historical data trend for Poongwon Precision 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.

Poongwon Precision Co Debt-to-Equity Chart

Poongwon Precision Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.01

1.08

0.59

0.13

0.57

Poongwon Precision Co Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									0.27	0.28	0.40	0.57	0.76

Competitive Comparison of Poongwon Precision Co's Debt-to-Equity

For the Electronic Components subindustry, Poongwon Precision 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.

Poongwon Precision Co's Debt-to-Equity Distribution in the Hardware Industry

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

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

Poongwon Precision Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Poongwon Precision 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
	=	(19966.037	+	12994.36)	/	57696.814
	=	0.57

Poongwon Precision 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
	=	(25552.53	+	14003.076)	/	51939.452
	=	0.76

Poongwon Precision Co (XKRX:371950) 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.

Poongwon Precision Co Debt-to-Equity Related Terms

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

Poongwon Precision Co (XKRX:371950) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Poongwon Precision Co Ltd (XKRX:371950) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

24, Sandan-ro 35 Beon-gil, Danwon-gu, Gyeonggi-do, Ansan-si, KOR

Website

http://www.poongwon.com

Poongwon Precision Co Ltd is a display part manufacturer that produces and supplies key materials of the display manufacturing process. Its main products include OMM (Open Metal Mask), which is a vacuum deposition part of OLED display, FFM (Fine Metal Mask), SBM (Stick Bar Mask), and Metal Foil that is used in encapsulation of OLED TV.

Poongwon Precision Co (XKRX:371950) Headlines

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