Nexen Tire (XKRX:002350) Total Stockholders Equity : ₩1,742,607 Mil (As of Mar. 2024)

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What is Nexen Tire Total Stockholders Equity?

Nexen Tire's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩1,742,607 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Nexen Tire's Book Value per Share for the quarter that ended in Mar. 2024 was ₩16,942.39. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Nexen Tire's Debt-to-Equity for the quarter that ended in Mar. 2024 was 1.02.

Nexen Tire Total Stockholders Equity Historical Data

The historical data trend for Nexen Tire's Total Stockholders Equity 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.

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Nexen Tire Total Stockholders Equity Chart

Nexen Tire Annual Data

Trend

Dec14

Dec15

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Dec17

Dec18

Dec19

Dec20

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Dec23

Total Stockholders Equity

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1,554,263.25

1,543,102.82

1,595,676.22

1,588,617.85

1,696,428.20

Nexen Tire Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Stockholders Equity	Get a 7-Day Free Trial															1,622,248.11	1,643,231.52	1,700,888.68	1,696,428.20	1,742,607.05

Nexen Tire (XKRX:002350) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Nexen Tire's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(1742607.054	-	3250)	/	102.663
	=	16,942.39

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Nexen Tire's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(892603.904	+	889615.324)	/	1742607.054
	=	1.02

Nexen Tire Total Stockholders Equity Related Terms

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Nexen Tire (XKRX:002350) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nexen Tire Corp (XKRX:002350) » Definitions » Total Stockholders Equity

Traded in Other Exchanges

002355:Korea

Address

355, Chungryeol-ro, Gyeongsangnam-do, Yangsan-si, KOR

Website

http://www.nexentire.com

Nexen Tire Corp manufactures, markets and exports tires. The firm has divided its business in the passenger car, SUV, Van and light truck, Global OE, Solid tire and Tube and Flap and all seasons divisions. The company has manufacturing facilities in Korea and China and has research and development facilities in the U.S., China, and Germany.

Nexen Tire (XKRX:002350) Headlines

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