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Kron Teknoloji AS (IST:KRONT) Equity-to-Asset : 0.63 (As of Dec. 2023)


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What is Kron Teknoloji AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kron Teknoloji AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₺312.7 Mil. Kron Teknoloji AS's Total Assets for the quarter that ended in Dec. 2023 was ₺496.6 Mil. Therefore, Kron Teknoloji AS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.63.

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

IST:KRONT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.65   Max: 0.79
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Kron Teknoloji AS was 0.79. The lowest was 0.51. And the median was 0.65.

IST:KRONT's Equity-to-Asset is ranked better than
61.89% of 2852 companies
in the Software industry
Industry Median: 0.55 vs IST:KRONT: 0.63

Kron Teknoloji AS Equity-to-Asset Historical Data

The historical data trend for Kron Teknoloji AS'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.

Kron Teknoloji AS Equity-to-Asset Chart

Kron Teknoloji AS 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 0.67 0.59 0.51 0.56 0.63

Kron Teknoloji AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.56 0.49 0.48 0.52 0.63

Competitive Comparison of Kron Teknoloji AS's Equity-to-Asset

For the Software - Infrastructure subindustry, Kron Teknoloji AS'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.


Kron Teknoloji AS's Equity-to-Asset Distribution in the Software Industry

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

* The bar in red indicates where Kron Teknoloji AS's Equity-to-Asset falls into.



Kron Teknoloji AS 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.

Kron Teknoloji AS'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
=312.678/496.597
=0.63

Kron Teknoloji AS'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
=312.678/496.597
=0.63

* 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.


Kron Teknoloji AS  (IST:KRONT) 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%.


Kron Teknoloji AS Equity-to-Asset Related Terms

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


Kron Teknoloji AS (IST:KRONT) Business Description

Traded in Other Exchanges
N/A
Address
Bilkent CyberPark C Blok No: 321 Bilkent, Istanbul, TUR, 34805
Kron Teknoloji AS produces high technology solutions for the operational efficiency and security needs of corporate enterprises in finance, energy and health sectors, particularly in telecommunications. It offers advanced technology software products for the needs of medium and large size enterprises in the areas of service activation, quality assurance systems, ICT (Information and Communication Technology) Access Control Systems, high performance real-time data processing, and next generation security and audit.

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