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Cho Bi Co (XKRX:001550) Equity-to-Asset : 0.40 (As of Jun. 2024)


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What is Cho Bi Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Cho Bi Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was ₩55,966 Mil. Cho Bi Co's Total Assets for the quarter that ended in Jun. 2024 was ₩139,329 Mil. Therefore, Cho Bi Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.40.

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

XKRX:001550' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.44   Max: 0.58
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Cho Bi Co was 0.58. The lowest was 0.31. And the median was 0.44.

XKRX:001550's Equity-to-Asset is ranked worse than
67.19% of 256 companies
in the Agriculture industry
Industry Median: 0.52 vs XKRX:001550: 0.40

Cho Bi Co Equity-to-Asset Historical Data

The historical data trend for Cho Bi 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.

Cho Bi Co Equity-to-Asset Chart

Cho Bi 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 0.52 0.58 0.51 0.47 0.44

Cho Bi Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.40 0.46 0.44 0.39 0.40

Competitive Comparison of Cho Bi Co's Equity-to-Asset

For the Agricultural Inputs subindustry, Cho Bi 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.


Cho Bi Co's Equity-to-Asset Distribution in the Agriculture Industry

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

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



Cho Bi 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.

Cho Bi 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
=52284.944/118588.765
=0.44

Cho Bi Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=55966.38/139328.802
=0.40

* 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.


Cho Bi Co  (XKRX:001550) 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%.


Cho Bi Co Equity-to-Asset Related Terms

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Cho Bi Co Business Description

Traded in Other Exchanges
N/A
Address
1337-4 Seocho-2-Dong, DongOh Building, Seoul, KOR, 135-860
Cho Bi Co Ltd is a South Korea-based company mainly engaged in the manufacturing and distributing of fertilizers. Its fertilizer products consist of compound fertilizers for top dressing, which are used for horticulture, fruit trees, and paddy rice; bulk bending fertilizers; compound fertilizers for basal dressing, which are used for tobacco, peanuts, vegetables, garlic and onions, fruit and fruit trees, chestnuts, rice seedbeds, paddy rice, potatoes and turfs and other types of fertilizers.

Cho Bi Co Headlines

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