Phil Energy Co (XKRX:378340) Equity-to-Asset : 0.51 (As of Dec. 2023)

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What is Phil Energy Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Phil Energy Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩127,787 Mil. Phil Energy Co's Total Assets for the quarter that ended in Dec. 2023 was ₩249,850 Mil. Therefore, Phil Energy Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.

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

XKRX:378340' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14 Med: 0.19 Max: 0.51
Current: 0.51

During the past 4 years, the highest Equity to Asset Ratio of Phil Energy Co was 0.51. The lowest was 0.14. And the median was 0.19.

XKRX:378340's Equity-to-Asset is ranked worse than
57.57% of 3033 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKRX:378340: 0.51

Phil Energy Co Equity-to-Asset Historical Data

The historical data trend for Phil Energy 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.

Phil Energy Co Equity-to-Asset Chart

Phil Energy Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.14

0.21

0.18

0.51

Phil Energy Co Quarterly Data
	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			-	0.18	0.20	0.63	0.51

Competitive Comparison of Phil Energy Co's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Phil Energy 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.

Phil Energy Co's Equity-to-Asset Distribution in the Industrial Products Industry

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

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

Phil Energy 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.

Phil Energy 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
	=	127786.773	/	249849.612
	=	0.51

Phil Energy Co'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
	=	127786.773	/	249849.612
	=	0.51

Phil Energy Co (XKRX:378340) 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%.

Phil Energy Co Equity-to-Asset Related Terms

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

Phil Energy Co (XKRX:378340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Phil Energy Co Ltd (XKRX:378340) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-19 Jigotjungang-ro, Gyeonggi-do, Osan-si, KOR

Website

http://www.philenergy.co.kr

Phil Energy Co Ltd specializes in equipment for the manufacture of secondary batteries. It supplies various machinery equipment needed in all areas of the secondary battery assembly process, next-generation batteries, and fuel cells. It offers Stacking facility, Laser notching facilities, Tab Welding Facility, and Can Insert Facility.

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