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Young Poong (XKRX:000670) Liabilities-to-Assets : 0.23 (As of Mar. 2024)


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What is Young Poong Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Young Poong's Total Liabilities for the quarter that ended in Mar. 2024 was ₩1,255,542 Mil. Young Poong's Total Assets for the quarter that ended in Mar. 2024 was ₩5,524,987 Mil. Therefore, Young Poong's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.23.


Young Poong Liabilities-to-Assets Historical Data

The historical data trend for Young Poong's Liabilities-to-Assets 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.

Young Poong Liabilities-to-Assets Chart

Young Poong Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.26 0.29 0.25 0.23

Young Poong Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.24 0.23 0.24 0.23 0.23

Competitive Comparison of Young Poong's Liabilities-to-Assets

For the Other Industrial Metals & Mining subindustry, Young Poong's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Young Poong's Liabilities-to-Assets Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Young Poong's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Young Poong's Liabilities-to-Assets falls into.



Young Poong Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Young Poong's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=1285348.175/5568116.97
=0.23

Young Poong's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=1255542.49/5524987.172
=0.23

* 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.


Young Poong  (XKRX:000670) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Young Poong Liabilities-to-Assets Related Terms

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Young Poong (XKRX:000670) Business Description

Traded in Other Exchanges
N/A
Address
542 Gangnam-daero, Gangnamgu, Seoul, KOR, 134-749
Young Poong Corp is a manufacturer and supplier of the zinc and few other non-ferrous metals in Korea. Its products include special high grade (SHG) zinc ingot, zinc alloy for galvanizing, die casting, zinc alloy, sulfuric acid, copper sulfate, silver by-product and indium. The zinc alloy for die casting includes DC1 (die casting), DC2, DC3, and zipper.

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