What is the debt of Songwon Industrial Co this year?
Songwon Industrial Co has a debt level of 89,931 KRW this year.
In 2024, Songwon Industrial Co's total debt was 89,931 KRW, a -51.64% change from the 185,953 KRW total debt recorded in the previous year.
Songwon Industrial Co's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Analyzing Songwon Industrial Co's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Investors pay close attention to Songwon Industrial Co’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Shifts in Songwon Industrial Co’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Songwon Industrial Co has a debt level of 89,931 KRW this year.
The debt of Songwon Industrial Co has increased by -51.64% compared to the previous year dropped.
High debt can pose a risk for investors of Songwon Industrial Co, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
Low debt means that Songwon Industrial Co has a strong financial position and is able to fulfill its obligations without overburdening its finances.
An increase in debt of Songwon Industrial Co can adversely affect the financial condition of the company and result in a higher burden on its finances.
A reduction in debt of Songwon Industrial Co can strengthen the company's financial position and improve its ability to meet its financial obligations.
Some factors that can influence the debt of Songwon Industrial Co include investments, acquisitions, operating costs, and revenue development.
The debts of Songwon Industrial Co are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
To change the debt, Songwon Industrial Co can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
Over the past 12 months, Songwon Industrial Co paid a dividend of 250 KRW . This corresponds to a dividend yield of about 2.31 %. For the coming 12 months, Songwon Industrial Co is expected to pay a dividend of 294.13 KRW.
The current dividend yield of Songwon Industrial Co is 2.31 %.
Songwon Industrial Co pays a quarterly dividend. This is distributed in the months of January, January, January, January.
Songwon Industrial Co paid dividends every year for the past 17 years.
For the upcoming 12 months, dividends amounting to 294.13 KRW are expected. This corresponds to a dividend yield of 2.72 %.
Songwon Industrial Co is assigned to the 'Commodities' sector.
To receive the latest dividend of Songwon Industrial Co from 5/1/2024 amounting to 250 KRW, you needed to have the stock in your portfolio before the ex-date on 12/27/2023.
The last dividend was paid out on 5/1/2024.
In the year 2023, Songwon Industrial Co distributed 500 KRW as dividends.
The dividends of Songwon Industrial Co are distributed in KRW.
Our stock analysis for Songwon Industrial Co Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Songwon Industrial Co Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.