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Dongkuk Coated Metal Co (XKRX:460850) Equity-to-Asset : 0.53 (As of Mar. 2024)


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What is Dongkuk Coated Metal Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dongkuk Coated Metal Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩979,974 Mil. Dongkuk Coated Metal Co's Total Assets for the quarter that ended in Mar. 2024 was ₩1,836,698 Mil. Therefore, Dongkuk Coated Metal Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.53.

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

XKRX:460850' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.54   Max: 0.56
Current: 0.53

During the past 1 years, the highest Equity to Asset Ratio of Dongkuk Coated Metal Co was 0.56. The lowest was 0.53. And the median was 0.54.

XKRX:460850's Equity-to-Asset is ranked better than
50.16% of 632 companies
in the Steel industry
Industry Median: 0.53 vs XKRX:460850: 0.53

Dongkuk Coated Metal Co Equity-to-Asset Historical Data

The historical data trend for Dongkuk Coated Metal 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.

Dongkuk Coated Metal Co Equity-to-Asset Chart

Dongkuk Coated Metal Co Annual Data
Trend Dec23
Equity-to-Asset
0.56

Dongkuk Coated Metal Co Quarterly Data
Jun23 Sep23 Dec23 Mar24
Equity-to-Asset 0.53 0.55 0.56 0.53

Competitive Comparison of Dongkuk Coated Metal Co's Equity-to-Asset

For the Steel subindustry, Dongkuk Coated Metal 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.


Dongkuk Coated Metal Co's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Dongkuk Coated Metal Co's Equity-to-Asset distribution charts can be found below:

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



Dongkuk Coated Metal 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.

Dongkuk Coated Metal 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
=961632.609/1710734.507
=0.56

Dongkuk Coated Metal 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
=979974.163/1836698.443
=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.


Dongkuk Coated Metal Co  (XKRX:460850) 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%.


Dongkuk Coated Metal Co Equity-to-Asset Related Terms

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Dongkuk Coated Metal Co (XKRX:460850) Business Description

Traded in Other Exchanges
N/A
Address
19 Euljiro 5-gil,, Jung-gu,, Seoul, KOR
Dongkuk Coated Metal Co Ltd manufactures steel products. Its product offerings comprise Pre-Coated Metal, Cold Rolled & Galvanized Steel, and processed Products for Construction.

Dongkuk Coated Metal Co (XKRX:460850) Headlines

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