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Seondo Electric Co (XKRX:007610) Equity-to-Asset : 0.34 (As of Mar. 2024)


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What is Seondo Electric Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Seondo Electric Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩29,252 Mil. Seondo Electric Co's Total Assets for the quarter that ended in Mar. 2024 was ₩85,706 Mil. Therefore, Seondo Electric Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.34.

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

XKRX:007610' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.53   Max: 0.6
Current: 0.34

During the past 13 years, the highest Equity to Asset Ratio of Seondo Electric Co was 0.60. The lowest was 0.25. And the median was 0.53.

XKRX:007610's Equity-to-Asset is not ranked
in the Hardware industry.
Industry Median: 0.57 vs XKRX:007610: 0.34

Seondo Electric Co Equity-to-Asset Historical Data

The historical data trend for Seondo Electric 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.

Seondo Electric Co Equity-to-Asset Chart

Seondo Electric 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 0.50 0.39 0.33 0.25

Seondo Electric Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.45 0.42 0.42 0.25 0.34

Competitive Comparison of Seondo Electric Co's Equity-to-Asset

For the Electronic Components subindustry, Seondo Electric 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.


Seondo Electric Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Seondo Electric Co's Equity-to-Asset distribution charts can be found below:

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



Seondo Electric 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.

Seondo Electric 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
=22632.286/92323.07
=0.25

Seondo Electric 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
=29251.987/85705.869
=0.34

* 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.


Seondo Electric Co  (XKRX:007610) 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%.


Seondo Electric Co Equity-to-Asset Related Terms

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Seondo Electric Co (XKRX:007610) Business Description

Traded in Other Exchanges
N/A
Address
734 Wonshi-Dong, Danwon-Gu, Ansan, Gyeonggi, KOR, 425-851
Seondo Electric Co Ltd is a Korea-based company engaged in the manufacture of electric conversion devices. The firm provides switchgears, such as gas insulated switchgears (GISs), vacuum circuit breakers (VCBS), vacuum circuit systems (VCSs)transmission line protection relay panels and others; monitoring and control systems, such as substation total automation systems, remote terminal units (RTUs), distributed control systems and supervisory controls and data acquisition (SCADA) systems; circuit breakers, such as earth leakage circuit breakers, magnetic contractors, home panel boards, reject filters and ignition transformers; environment products, such as diesel soot smoke reducers, electric dust collectors and others, as well as electric construction services.

Seondo Electric Co (XKRX:007610) Headlines

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