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WooDeumGee Farm Co (XKRX:403490) Debt-to-Equity : 0.36 (As of Mar. 2024)


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What is WooDeumGee Farm Co Debt-to-Equity?

WooDeumGee Farm Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩9,397 Mil. WooDeumGee Farm Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩4,357 Mil. WooDeumGee Farm Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩38,591 Mil. WooDeumGee Farm Co's debt to equity for the quarter that ended in Mar. 2024 was 0.36.

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

XKRX:403490' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.36   Max: 0.4
Current: 0.36

During the past 4 years, the highest Debt-to-Equity Ratio of WooDeumGee Farm Co was 0.40. The lowest was 0.12. And the median was 0.36.

XKRX:403490's Debt-to-Equity is ranked better than
54.09% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs XKRX:403490: 0.36

WooDeumGee Farm Co Debt-to-Equity Historical Data

The historical data trend for WooDeumGee Farm 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.

WooDeumGee Farm Co Debt-to-Equity Chart

WooDeumGee Farm Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
-2.68 23.38 0.14 0.12

WooDeumGee Farm Co Quarterly Data
Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial 0.12 N/A 0.40 0.37 0.36

Competitive Comparison of WooDeumGee Farm Co's Debt-to-Equity

For the Farm Products subindustry, WooDeumGee Farm 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.

WooDeumGee Farm Co's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, WooDeumGee Farm Co's Debt-to-Equity distribution charts can be found below:

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


WooDeumGee Farm Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WooDeumGee Farm 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
=(1406.71 + 1948.888) / 27827.148
=0.12

WooDeumGee Farm 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
=(9396.59 + 4356.707) / 38591.199
=0.36

* 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.

WooDeumGee Farm Co  (XKRX:403490) 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.

WooDeumGee Farm Co Debt-to-Equity Related Terms

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WooDeumGee Farm Co (XKRX:403490) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » WooDeumGee Farm Co Ltd (XKRX:403490) » Definitions » Debt-to-Equity
Comparable Companies
XKRX:073560 XKRX:136490 XKRX:222980 XKRX:002680 XKRX:185190 XKRX:236030 ADM SZSE:002714 SZSE:300498 TSN SHSE:600438 BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN XKLS:2445 XKLS:4065 BKK:CPF SZSE:002385
Traded in Other Exchanges
N/A
Address
698 Heungsu-ro, Gyuam-myeon, Buyeo-gun, Chungcheongnam-do, KOR
Website
https://www.wdgfarm.com
WooDeumGee Farm Co Ltd is a High tech agricultural company which has developed Korean-style semi-enclosed glass greenhouse. The company operates through Smart farm technology which is a next-generation agricultural system that optimizes the growing environment for crops by combining Fourth industrial technologies such as artificial intelligence, big data, and the Internet of Things with existing agricultural methods.

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