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Daishin Securities Co (XKRX:003540) Equity-to-Asset : 0.13 (As of Dec. 2023)


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What is Daishin Securities Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Daishin Securities Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩3,020,065 Mil. Daishin Securities Co's Total Assets for the quarter that ended in Dec. 2023 was ₩22,643,489 Mil. Therefore, Daishin Securities Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.13.

The historical rank and industry rank for Daishin Securities Co's Equity-to-Asset or its related term are showing as below:

XKRX:003540' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.1   Max: 0.13
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of Daishin Securities Co was 0.13. The lowest was 0.09. And the median was 0.10.

XKRX:003540's Equity-to-Asset is ranked worse than
84% of 806 companies
in the Capital Markets industry
Industry Median: 0.5 vs XKRX:003540: 0.13

Daishin Securities Co Equity-to-Asset Historical Data

The historical data trend for Daishin Securities 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.

Daishin Securities Co Equity-to-Asset Chart

Daishin Securities 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 0.10 0.10 0.12 0.13 0.13

Daishin Securities 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 0.13 0.13 0.12 0.12 0.13

Competitive Comparison of Daishin Securities Co's Equity-to-Asset

For the Capital Markets subindustry, Daishin Securities 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.


Daishin Securities Co's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Daishin Securities Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Daishin Securities Co's Equity-to-Asset falls into.



Daishin Securities 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.

Daishin Securities 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
=3020064.866/22643488.792
=0.13

Daishin Securities 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
=3020064.866/22643488.792
=0.13

* 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.


Daishin Securities Co  (XKRX:003540) 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%.


Daishin Securities Co Equity-to-Asset Related Terms

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Daishin Securities Co (XKRX:003540) Business Description

Traded in Other Exchanges
Address
Daishin Finance Center 343, Samil-daero, Jung-gu, Seoul, KOR
Daishin Securities Co Ltd is a South Korean financial service company. The company operates in Hong Kong and the United States but conducts the majority of its business domestically. It generates most of its revenue from investment in equity, bonds, and derivatives. The retail segment of the company provides brokerage services and generates the second-largest amount of revenue. The next- largest segment purchases and sells asset-backed securities, including bonds and bad assets. The company also engages in corporate business, enterprise finance, savings banking, economic research, and foreign business.

Daishin Securities Co (XKRX:003540) Headlines

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