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Heungkuk Fire & Marine Insurance Co (XKRX:000540) Equity-to-Asset : 0.09 (As of Mar. 2024)


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What is Heungkuk Fire & Marine Insurance Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Heungkuk Fire & Marine Insurance Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩1,098,620 Mil. Heungkuk Fire & Marine Insurance Co's Total Assets for the quarter that ended in Mar. 2024 was ₩11,680,240 Mil.

The historical rank and industry rank for Heungkuk Fire & Marine Insurance Co's Equity-to-Asset or its related term are showing as below:

XKRX:000540' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.06   Max: 0.21
Current: 0.09

During the past 13 years, the highest Equity to Asset Ratio of Heungkuk Fire & Marine Insurance Co was 0.21. The lowest was 0.04. And the median was 0.06.

XKRX:000540's Equity-to-Asset is ranked worse than
77.82% of 496 companies
in the Insurance industry
Industry Median: 0.24 vs XKRX:000540: 0.09

Heungkuk Fire & Marine Insurance Co Equity-to-Asset Historical Data

The historical data trend for Heungkuk Fire & Marine Insurance 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.

Heungkuk Fire & Marine Insurance Co Equity-to-Asset Chart

Heungkuk Fire & Marine Insurance Co 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 0.06 0.06 0.05 0.21 0.11

Heungkuk Fire & Marine Insurance Co 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 0.13 0.13 0.13 0.11 0.09

Competitive Comparison of Heungkuk Fire & Marine Insurance Co's Equity-to-Asset

For the Insurance - Property & Casualty subindustry, Heungkuk Fire & Marine Insurance 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.


Heungkuk Fire & Marine Insurance Co's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Heungkuk Fire & Marine Insurance Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Heungkuk Fire & Marine Insurance Co's Equity-to-Asset falls into.



Heungkuk Fire & Marine Insurance 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.

Heungkuk Fire & Marine Insurance 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
=1360675/12031553
=0.11

Heungkuk Fire & Marine Insurance Co'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
=1098620/11680240
=

* 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.


Heungkuk Fire & Marine Insurance Co  (XKRX:000540) 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%.


Heungkuk Fire & Marine Insurance Co Equity-to-Asset Related Terms

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Heungkuk Fire & Marine Insurance Co (XKRX:000540) Business Description

Traded in Other Exchanges
Address
226, Sinmunno 1-Ga, Jongno-Gu, Seoul, KOR, 110-061
Heungkuk Fire & Marine Insurance Co Ltd operates in the non-life insurance market. The company's offering includes property insurance, auto insurance, medical and health insurance, injury insurance, bancassurance and personal pension fund.

Heungkuk Fire & Marine Insurance Co (XKRX:000540) Headlines

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