Purit Co (XKRX:445180) Equity-to-Asset : 0.84 (As of Dec. 2023)

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What is Purit Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Purit Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩83,256 Mil. Purit Co's Total Assets for the quarter that ended in Dec. 2023 was ₩99,179 Mil. Therefore, Purit Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.84.

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

XKRX:445180' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.53 Max: 0.84
Current: 0.84

During the past 4 years, the highest Equity to Asset Ratio of Purit Co was 0.84. The lowest was 0.43. And the median was 0.53.

XKRX:445180's Equity-to-Asset is ranked better than
87.91% of 1572 companies
in the Chemicals industry
Industry Median: 0.59 vs XKRX:445180: 0.84

Purit Co Equity-to-Asset Historical Data

The historical data trend for Purit 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.

Purit Co Equity-to-Asset Chart

Purit Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.43

0.46

0.60

0.84

Purit Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	-	0.60	0.58	0.84

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

For the Specialty Chemicals subindustry, Purit 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.

Purit Co's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Purit Co's Equity-to-Asset distribution charts can be found below:

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

Purit 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.

Purit 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
	=	83256.336	/	99179.199
	=	0.84

Purit 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
	=	83256.336	/	99179.199
	=	0.84

Purit Co (XKRX:445180) 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%.

Purit Co Equity-to-Asset Related Terms

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

Purit Co (XKRX:445180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Purit Co Ltd (XKRX:445180) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

249-278 Duryu-gil, Angang-eup, Gyeongsangbuk-do, Gyeongju-si, KOR

Website

https://www.purit.co.kr

Purit Co Ltd is a company whose business is for recovering and refining waste organic solvents generated in industrial and display processes. The Company's primary business activity is Refinement and manufacture of organic solvents. The business focuses on producing ultra-high purity chemical products for semiconductors and displays by synthesizing raw materials based on purification of waste organic solvents.

Purit Co (XKRX:445180) Headlines

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