Inswave Systems Co (XKRX:450520) Debt-to-Equity : 0.11 (As of Mar. 2024)

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What is Inswave Systems Co Debt-to-Equity?

Inswave Systems Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩4,723 Mil. Inswave Systems Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩281 Mil. Inswave Systems Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩44,504 Mil. Inswave Systems Co's debt to equity for the quarter that ended in Mar. 2024 was 0.11.

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

XKRX:450520' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.24 Max: 0.44
Current: 0.11

During the past 2 years, the highest Debt-to-Equity Ratio of Inswave Systems Co was 0.44. The lowest was 0.11. And the median was 0.24.

XKRX:450520's Debt-to-Equity is ranked better than
63.12% of 2207 companies
in the Software industry
Industry Median: 0.21 vs XKRX:450520: 0.11

Inswave Systems Co Debt-to-Equity Historical Data

The historical data trend for Inswave Systems 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.

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Inswave Systems Co Debt-to-Equity Chart

Inswave Systems Co Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

1.15

0.44

Inswave Systems Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial				0.34	0.32	0.16	0.11	0.11

Competitive Comparison of Inswave Systems Co's Debt-to-Equity

For the Information Technology Services subindustry, Inswave Systems 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.

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

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

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

Inswave Systems Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Inswave Systems 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
	=	(6584.382	+	126.583)	/	15195.496
	=	0.44

Inswave Systems 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
	=	(4722.509	+	281.182)	/	44503.515
	=	0.11

Inswave Systems Co (XKRX:450520) 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.

Inswave Systems Co Debt-to-Equity Related Terms

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Inswave Systems Co (XKRX:450520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Inswave Systems Co Ltd (XKRX:450520) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

12th floor, Building C, Queens Park Nine, 247 Gonghang-daero, Gangseo-gu, Seoul, KOR

Website

https://www.inswave.com

Inswave Systems Co Ltd is an enterprise software company that leads the enterprise application development and web standard UI/UX markets. It researches, develops and applies W-Matrix, WebTop, Proworks5, and other related enterprise software products.

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