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CHOSUN WELDING POHANG Co (XKRX:120030) Equity-to-Asset : 0.95 (As of Mar. 2024)


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What is CHOSUN WELDING POHANG Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CHOSUN WELDING POHANG Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩148,547 Mil. CHOSUN WELDING POHANG Co's Total Assets for the quarter that ended in Mar. 2024 was ₩156,887 Mil. Therefore, CHOSUN WELDING POHANG Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.95.

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

XKRX:120030' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.81   Med: 0.9   Max: 0.95
Current: 0.95

During the past 13 years, the highest Equity to Asset Ratio of CHOSUN WELDING POHANG Co was 0.95. The lowest was 0.81. And the median was 0.90.

XKRX:120030's Equity-to-Asset is ranked better than
98.88% of 3025 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKRX:120030: 0.95

CHOSUN WELDING POHANG Co Equity-to-Asset Historical Data

The historical data trend for CHOSUN WELDING POHANG 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.

CHOSUN WELDING POHANG Co Equity-to-Asset Chart

CHOSUN WELDING POHANG 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 0.91 0.93 0.91 0.94 0.94

CHOSUN WELDING POHANG Co 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 0.92 0.93 0.94 0.94 0.95

Competitive Comparison of CHOSUN WELDING POHANG Co's Equity-to-Asset

For the Tools & Accessories subindustry, CHOSUN WELDING POHANG 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.


CHOSUN WELDING POHANG Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, CHOSUN WELDING POHANG Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CHOSUN WELDING POHANG Co's Equity-to-Asset falls into.



CHOSUN WELDING POHANG 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.

CHOSUN WELDING POHANG 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
=146243.341/155538.184
=0.94

CHOSUN WELDING POHANG Co'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
=148546.683/156887.138
=0.95

* 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.


CHOSUN WELDING POHANG Co  (XKRX:120030) 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%.


CHOSUN WELDING POHANG Co Equity-to-Asset Related Terms

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CHOSUN WELDING POHANG Co (XKRX:120030) Business Description

Traded in Other Exchanges
N/A
Address
865 Jangheung-Dong, Nam-Gu, Pohang, KOR
CHOSUN WELDING POHANG Co Ltd produces and sells welding materials in Korea. It offers covered arc welding electrodes, stick electrodes, submerged arc materials, and solid wires, as well as Mag wires for use in carbon dioxide gas arc welding applications.

CHOSUN WELDING POHANG Co (XKRX:120030) Headlines

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