Maxst Co (XKRX:377030) Debt-to-Equity : 0.89 (As of Mar. 2024)

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What is Maxst Co Debt-to-Equity?

Maxst Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩12,449 Mil. Maxst Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩4,978 Mil. Maxst Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩19,546 Mil. Maxst Co's debt to equity for the quarter that ended in Mar. 2024 was 0.89.

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

XKRX:377030' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.32 Max: 0.89
Current: 0.89

During the past 4 years, the highest Debt-to-Equity Ratio of Maxst Co was 0.89. The lowest was 0.03. And the median was 0.32.

XKRX:377030's Debt-to-Equity is ranked worse than
83.55% of 2219 companies
in the Software industry
Industry Median: 0.21 vs XKRX:377030: 0.89

Maxst Co Debt-to-Equity Historical Data

The historical data trend for Maxst 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.

Maxst Co Debt-to-Equity Chart

Maxst Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

-0.02

0.36

0.08

0.27

Maxst Co Quarterly Data
	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												0.31	0.34	0.40	0.47	0.89

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

For the Software - Infrastructure subindustry, Maxst 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.

Maxst Co's Debt-to-Equity Distribution in the Software Industry

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

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

Maxst Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Maxst Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(9100.815	+	1130.429)	/	38224.3
	=	0.27

Maxst 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
	=	(12448.818	+	4978.085)	/	19546.491
	=	0.89

Maxst Co (XKRX:377030) 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.

Maxst Co Debt-to-Equity Related Terms

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Maxst Co (XKRX:377030) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maxst Co Ltd (XKRX:377030) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Nambusunhwan-ro 351-Gil, 3rd Floor STAY77 Building, Gangnam-gu, Seoul, KOR

Website

https://www.maxst.com

Maxst Co Ltd is an AR technology company. It focuses on research and development in augmented reality. AR technology will help people with immediate and visual tools in improving decision-making capabilities.

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