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Inventage Lab (XKRX:389470) Equity-to-Asset : 0.10 (As of Dec. 2023)


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What is Inventage Lab Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Inventage Lab's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩4,410.6 Mil. Inventage Lab's Total Assets for the quarter that ended in Dec. 2023 was ₩45,182.3 Mil. Therefore, Inventage Lab's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.

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

XKRX:389470' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.33   Med: 0.75   Max: 0.87
Current: 0.1

During the past 5 years, the highest Equity to Asset Ratio of Inventage Lab was 0.87. The lowest was -2.33. And the median was 0.75.

XKRX:389470's Equity-to-Asset is ranked worse than
86.75% of 1087 companies
in the Drug Manufacturers industry
Industry Median: 0.59 vs XKRX:389470: 0.10

Inventage Lab Equity-to-Asset Historical Data

The historical data trend for Inventage Lab'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.

Inventage Lab Equity-to-Asset Chart

Inventage Lab Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-2.33 0.75 0.84 0.87 0.10

Inventage Lab Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.87 0.88 0.48 0.04 0.10

Competitive Comparison of Inventage Lab's Equity-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Inventage Lab'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.


Inventage Lab's Equity-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Inventage Lab's Equity-to-Asset distribution charts can be found below:

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



Inventage Lab 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.

Inventage Lab'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
=4410.628/45182.343
=0.10

Inventage Lab'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
=4410.628/45182.343
=0.10

* 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.


Inventage Lab  (XKRX:389470) 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%.


Inventage Lab Equity-to-Asset Related Terms

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


Inventage Lab (XKRX:389470) Business Description

Traded in Other Exchanges
N/A
Address
24, Dunchon-daero 388 beon-gil, 612, Woolim Lions Valley 3, Jungwon-gu, Gyeonggi-do, Seongnam-si, KOR, 13403
Inventage Lab Inc operates medical technology development businesses. It engages in the development of an innovative Drug Delivery System (DDS). It has developed Laminar FluiDigm, a microfluidics-based novel platform technology that builds the foundation for IVL- DrugFluidic and IVL-GeneFluidic, which are specific platform technologies used for developing and manufacturing long-acting injectables and gene-delivery therapeutics.

Inventage Lab (XKRX:389470) Headlines

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