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Daekyo Co (XKRX:019685) Equity-to-Asset : 0.53 (As of Mar. 2024)


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What is Daekyo Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Daekyo Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩319,144 Mil. Daekyo Co's Total Assets for the quarter that ended in Mar. 2024 was ₩601,842 Mil. Therefore, Daekyo Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.53.

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

XKRX:019685' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.67   Max: 0.79
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Daekyo Co was 0.79. The lowest was 0.51. And the median was 0.67.

XKRX:019685's Equity-to-Asset is ranked better than
51.85% of 270 companies
in the Education industry
Industry Median: 0.52 vs XKRX:019685: 0.53

Daekyo Co Equity-to-Asset Historical Data

The historical data trend for Daekyo 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.

Daekyo Co Equity-to-Asset Chart

Daekyo 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 0.66 0.66 0.62 0.60 0.51

Daekyo 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 0.58 0.57 0.55 0.51 0.53

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

For the Education & Training Services subindustry, Daekyo 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.


Daekyo Co's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Daekyo Co's Equity-to-Asset distribution charts can be found below:

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



Daekyo 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.

Daekyo 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
=305976.523/604526.705
=0.51

Daekyo 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
=319144.198/601841.782
=0.53

* 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.


Daekyo Co  (XKRX:019685) 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%.


Daekyo Co Equity-to-Asset Related Terms

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Daekyo Co (XKRX:019685) Business Description

Traded in Other Exchanges
Address
Noonnopi Seocho Center, 446-3, Bangbae-Dong, Seocho-Gu, Seoul, KOR, 137-818
Daekyo Co Ltd is a Korean education company that provides services such as learning centers, educational materials, media programs, and international programs. The company's largest segment is its Noonnoppi brand of learning centers and self-learning systems. This segment offers on-site learning centers for children as well as home tutoring and virtual learning programs. The majority of students that subscribe to Noonnoppi programs are elementary and middle/high school students, followed by adult learners. Daekyo also operates over 10 international subsidiaries the U.S. and in 21 countries across Asia.

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