Hanssak Co (XKRX:430690) Equity-to-Asset : 0.78 (As of Dec. 2023)

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What is Hanssak Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hanssak Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩35,536 Mil. Hanssak Co's Total Assets for the quarter that ended in Dec. 2023 was ₩45,486 Mil. Therefore, Hanssak Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

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

XKRX:430690' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47 Med: 0.58 Max: 0.78
Current: 0.78

During the past 4 years, the highest Equity to Asset Ratio of Hanssak Co was 0.78. The lowest was 0.47. And the median was 0.58.

XKRX:430690's Equity-to-Asset is ranked better than
82.01% of 2851 companies
in the Software industry
Industry Median: 0.55 vs XKRX:430690: 0.78

Hanssak Co Equity-to-Asset Historical Data

The historical data trend for Hanssak 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.

Hanssak Co Equity-to-Asset Chart

Hanssak Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.52

0.47

0.63

0.78

Hanssak Co Quarterly Data
	Sep22	Dec22	Sep23	Dec23
Equity-to-Asset	-	0.63	0.85	0.78

Competitive Comparison of Hanssak Co's Equity-to-Asset

For the Software - Infrastructure subindustry, Hanssak 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.

Hanssak Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Hanssak Co's Equity-to-Asset distribution charts can be found below:

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

Hanssak 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.

Hanssak 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
	=	35536.221	/	45485.784
	=	0.78

Hanssak 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
	=	35536.221	/	45485.784
	=	0.78

Hanssak Co (XKRX:430690) 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%.

Hanssak Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Hanssak Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Hanssak Co (XKRX:430690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hanssak Co Ltd (XKRX:430690) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 401, 27, Digital-ro 34-gil, Guro-gu, Daeryung Post Tower No.3, Seoul, KOR

Website

http://www.hanssak.co.kr

Hanssak Co Ltd is an IT security company whose main business is application software development and supply. Their portfolio of products include manganese data transmission solution, password management solution, secure electronic fax solution, smart billing solution, and integrated control system.

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