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Fine Technix Co (XKRX:106240) Equity-to-Asset : 0.53 (As of Mar. 2024)


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What is Fine Technix Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fine Technix Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩91,013 Mil. Fine Technix Co's Total Assets for the quarter that ended in Mar. 2024 was ₩171,642 Mil. Therefore, Fine Technix Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.53.

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

XKRX:106240' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.39   Max: 0.56
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Fine Technix Co was 0.56. The lowest was 0.23. And the median was 0.39.

XKRX:106240's Equity-to-Asset is ranked worse than
54.58% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKRX:106240: 0.53

Fine Technix Co Equity-to-Asset Historical Data

The historical data trend for Fine Technix 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.

Fine Technix Co Equity-to-Asset Chart

Fine Technix 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 0.40 0.44 0.39 0.54 0.53

Fine Technix 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 0.56 0.56 0.55 0.53 0.53

Competitive Comparison of Fine Technix Co's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Fine Technix 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.


Fine Technix Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fine Technix Co's Equity-to-Asset distribution charts can be found below:

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



Fine Technix 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.

Fine Technix 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
=91229.229/170985.134
=0.53

Fine Technix 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
=91013.456/171641.715
=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.


Fine Technix Co  (XKRX:106240) 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%.


Fine Technix Co Equity-to-Asset Related Terms

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


Fine Technix Co (XKRX:106240) Business Description

Traded in Other Exchanges
N/A
Address
8 Deokcheon-Ro, Manan-gu, Gyeonggi-do, Anyang-si, KOR, 430-817
Fine Technix Co Ltd manufactures LED lighting equipments and Mechanical devices. Its products include LED Bulbs, LED Panel Light, LED Street Light and LED Flood Light among others. The company also offers products such as Top Chassis, Bottom Chassis, Back Cover, Lamp Reflector and Case categories among others.

Fine Technix Co (XKRX:106240) Headlines

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