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Cube Entertainment (XKRX:182360) Equity-to-Asset : 0.49 (As of Mar. 2024)


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What is Cube Entertainment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cube Entertainment's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩87,325 Mil. Cube Entertainment's Total Assets for the quarter that ended in Mar. 2024 was ₩179,154 Mil. Therefore, Cube Entertainment's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.49.

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

XKRX:182360' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.62   Max: 0.91
Current: 0.49

During the past 11 years, the highest Equity to Asset Ratio of Cube Entertainment was 0.91. The lowest was 0.32. And the median was 0.62.

XKRX:182360's Equity-to-Asset is ranked worse than
52.52% of 1053 companies
in the Media - Diversified industry
Industry Median: 0.52 vs XKRX:182360: 0.49

Cube Entertainment Equity-to-Asset Historical Data

The historical data trend for Cube Entertainment'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.

Cube Entertainment Equity-to-Asset Chart

Cube Entertainment 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 0.55 0.64 0.59 0.36 0.51

Cube Entertainment 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 0.32 0.43 0.57 0.51 0.49

Competitive Comparison of Cube Entertainment's Equity-to-Asset

For the Entertainment subindustry, Cube Entertainment'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.


Cube Entertainment's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Cube Entertainment's Equity-to-Asset distribution charts can be found below:

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



Cube Entertainment 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.

Cube Entertainment'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
=78462.881/153219.97
=0.51

Cube Entertainment'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
=87324.907/179153.55
=0.49

* 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.


Cube Entertainment  (XKRX:182360) 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%.


Cube Entertainment Equity-to-Asset Related Terms

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Cube Entertainment (XKRX:182360) Business Description

Traded in Other Exchanges
N/A
Address
4F, Chungdam-Dong, Kangnam-Gu, Seoul, KOR, 125-20
Cube Entertainment Inc is engaged in the publishing of videos, audio and original master recordings. The company produces motion graphic, music videos and promotion VCR.

Cube Entertainment (XKRX:182360) Headlines

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