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Kencoa Aerospace (XKRX:274090) Equity-to-Asset : 0.38 (As of Mar. 2024)


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What is Kencoa Aerospace Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kencoa Aerospace's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩60,280 Mil. Kencoa Aerospace's Total Assets for the quarter that ended in Mar. 2024 was ₩157,718 Mil. Therefore, Kencoa Aerospace's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.38.

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

XKRX:274090' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.23   Med: 0.29   Max: 0.45
Current: 0.39

During the past 7 years, the highest Equity to Asset Ratio of Kencoa Aerospace was 0.45. The lowest was -0.23. And the median was 0.29.

XKRX:274090's Equity-to-Asset is ranked worse than
56.69% of 314 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs XKRX:274090: 0.39

Kencoa Aerospace Equity-to-Asset Historical Data

The historical data trend for Kencoa Aerospace'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.

Kencoa Aerospace Equity-to-Asset Chart

Kencoa Aerospace Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.45 0.42 0.24 0.29 0.39

Kencoa Aerospace 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 0.40 0.42 0.41 0.39 0.38

Competitive Comparison of Kencoa Aerospace's Equity-to-Asset

For the Aerospace & Defense subindustry, Kencoa Aerospace'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.


Kencoa Aerospace's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kencoa Aerospace's Equity-to-Asset distribution charts can be found below:

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



Kencoa Aerospace 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.

Kencoa Aerospace'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
=58410.71/149905.857
=0.39

Kencoa Aerospace'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
=60280.291/157717.804
=0.38

* 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.


Kencoa Aerospace  (XKRX:274090) 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%.


Kencoa Aerospace Equity-to-Asset Related Terms

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Kencoa Aerospace (XKRX:274090) Business Description

Traded in Other Exchanges
N/A
Address
172, Jongposandan-ro, Yonghyeon-myeon, Gyeongsangnam-do, Sacheon-si, KOR, 52537
Kencoa Aerospace Corp is engaged in supply of precision machined and sheet metal fabricated aerostructures, jet engine components, and major assemblies for commercial, military and business/regional jets. The company's services include machining, assembly, drone, material, and MRO.

Kencoa Aerospace (XKRX:274090) Headlines

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