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Hanwha Solutions (XKRX:009830) Equity-to-Asset : 0.28 (As of Mar. 2024)


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What is Hanwha Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hanwha Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩7,482,355 Mil. Hanwha Solutions's Total Assets for the quarter that ended in Mar. 2024 was ₩26,902,180 Mil. Therefore, Hanwha Solutions's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.28.

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

XKRX:009830' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.39   Max: 0.47
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of Hanwha Solutions was 0.47. The lowest was 0.28. And the median was 0.39.

XKRX:009830's Equity-to-Asset is ranked worse than
87.46% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs XKRX:009830: 0.28

Hanwha Solutions Equity-to-Asset Historical Data

The historical data trend for Hanwha Solutions'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.

Hanwha Solutions Equity-to-Asset Chart

Hanwha Solutions 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 0.39 0.41 0.37 0.32

Hanwha Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.38 0.36 0.34 0.32 0.28

Competitive Comparison of Hanwha Solutions's Equity-to-Asset

For the Chemicals subindustry, Hanwha Solutions'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.


Hanwha Solutions's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hanwha Solutions's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hanwha Solutions's Equity-to-Asset falls into.



Hanwha Solutions 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.

Hanwha Solutions'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
=7847475.994/24492909.474
=0.32

Hanwha Solutions's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=7482355.473/26902180.186
=0.28

* 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.


Hanwha Solutions  (XKRX:009830) 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%.


Hanwha Solutions Equity-to-Asset Related Terms

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Hanwha Solutions (XKRX:009830) Business Description

Traded in Other Exchanges
Address
86, Cheonggyecheon-ro, Jung-gu, Seoul, KOR, 100797
Hanwha Solutions Corp is a Korean Conglomerate company. Its business includes manufacturing and distribution of PE, PVC, and CA; manufacturing and distribution of automotive parts; department stores, wholesaling and retailing; manufacturing and distribution of solar products, such as ingots and modules; and other businesses. The company's geographical segments include Korea, China, Germany, and others.

Hanwha Solutions (XKRX:009830) Headlines

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