GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » POSCO Holdings Inc (XKRX:005490) » Definitions » Equity-to-Asset

POSCO Holdings (XKRX:005490) Equity-to-Asset : 0.54 (As of Sep. 2024)


View and export this data going back to 1988. Start your Free Trial

What is POSCO Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. POSCO Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₩55,303,000 Mil. POSCO Holdings's Total Assets for the quarter that ended in Sep. 2024 was ₩102,301,000 Mil. Therefore, POSCO Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.54.

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

XKRX:005490' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.54   Max: 0.56
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of POSCO Holdings was 0.56. The lowest was 0.48. And the median was 0.54.

XKRX:005490's Equity-to-Asset is ranked better than
51.86% of 644 companies
in the Steel industry
Industry Median: 0.54 vs XKRX:005490: 0.54

POSCO Holdings Equity-to-Asset Historical Data

The historical data trend for POSCO Holdings'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.

POSCO Holdings Equity-to-Asset Chart

POSCO Holdings 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 0.56 0.56 0.55 0.53 0.53

POSCO Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.53 0.53 0.53 0.53 0.54

Competitive Comparison of POSCO Holdings's Equity-to-Asset

For the Steel subindustry, POSCO Holdings'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.


POSCO Holdings's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, POSCO Holdings's Equity-to-Asset distribution charts can be found below:

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



POSCO Holdings 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.

POSCO Holdings'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
=54146374/101486316
=0.53

POSCO Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=55303000/102301000
=0.54

* 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.


POSCO Holdings  (XKRX:005490) 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%.


POSCO Holdings Equity-to-Asset Related Terms

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


POSCO Holdings Business Description

Traded in Other Exchanges
Address
POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, KOR, 06194
POSCO Holdings Inc is a holding company and operates through its subsidiaries. The company operates across four distinct segments. The first segment is the Steel Segment, which includes the production and sale of steel products. The second segment is the Green Infrastructure Business, which is further divided into three operations. The Trading Segment comprises trading and natural resource development activities. The Construction Segment involves the planning, designing, and construction of industrial plants, civil engineering projects, and buildings. The Energy and Other Segments include power generation, as well as information technology and operational technology services. The third segment is the Green Materials and Energy Segment, and the fourth segment is the Others Segment.

POSCO Holdings Headlines

No Headlines