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Nara Mold & Die Co (XKRX:051490) Equity-to-Asset : 0.40 (As of Dec. 2023)


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What is Nara Mold & Die Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nara Mold & Die Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩99,657 Mil. Nara Mold & Die Co's Total Assets for the quarter that ended in Dec. 2023 was ₩249,185 Mil. Therefore, Nara Mold & Die Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.40.

The historical rank and industry rank for Nara Mold & Die Co's Equity-to-Asset or its related term are showing as below:

XKRX:051490' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.41   Max: 0.47
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Nara Mold & Die Co was 0.47. The lowest was 0.37. And the median was 0.41.

XKRX:051490's Equity-to-Asset is ranked worse than
75.21% of 3033 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKRX:051490: 0.40

Nara Mold & Die Co Equity-to-Asset Historical Data

The historical data trend for Nara Mold & Die Co's Equity-to-Asset 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.

Nara Mold & Die Co Equity-to-Asset Chart

Nara Mold & Die Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.37 0.37 0.39 0.40

Nara Mold & Die Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.41 0.42 0.43 0.40

Competitive Comparison of Nara Mold & Die Co's Equity-to-Asset

For the Metal Fabrication subindustry, Nara Mold & Die Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Nara Mold & Die Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nara Mold & Die Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nara Mold & Die Co's Equity-to-Asset falls into.



Nara Mold & Die Co Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Nara Mold & Die Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=99656.664/249184.894
=0.40

Nara Mold & Die Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=99656.664/249184.894
=0.40

* 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.


Nara Mold & Die Co  (XKRX:051490) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Nara Mold & Die Co Equity-to-Asset Related Terms

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Nara Mold & Die Co (XKRX:051490) Business Description

Traded in Other Exchanges
N/A
Address
50-1, Sungju-dong, Gyeongsangnam-do, Changwon-si, KOR, 641-120
Nara Mold & Die Co Ltd is a Korea based company engaged in the business of manufacturing press die and plastic molds. The products offered by the company are for electronic appliances, display, automobiles, and mobile phone. The organization is involved in the business field of High Precision and Large Press Die; Compact Precision and Large Plastic Injection Mold; and Mass production of parts and components. The organization has a business presence in Korea and other countries.

Nara Mold & Die Co (XKRX:051490) Headlines

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