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Posco M-Tech Co (XKRX:009520) Equity-to-Asset : 0.75 (As of Dec. 2023)


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What is Posco M-Tech Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Posco M-Tech Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩115,757 Mil. Posco M-Tech Co's Total Assets for the quarter that ended in Dec. 2023 was ₩154,927 Mil. Therefore, Posco M-Tech Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.75.

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

XKRX:009520' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.68   Max: 0.75
Current: 0.75

During the past 13 years, the highest Equity to Asset Ratio of Posco M-Tech Co was 0.75. The lowest was 0.16. And the median was 0.68.

XKRX:009520's Equity-to-Asset is ranked better than
82.12% of 632 companies
in the Steel industry
Industry Median: 0.54 vs XKRX:009520: 0.75

Posco M-Tech Co Equity-to-Asset Historical Data

The historical data trend for Posco M-Tech 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.

Posco M-Tech Co Equity-to-Asset Chart

Posco M-Tech 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 0.70 0.74 0.67 0.72 0.75

Posco M-Tech Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.72 0.73 0.70 0.73 0.75

Competitive Comparison of Posco M-Tech Co's Equity-to-Asset

For the Steel subindustry, Posco M-Tech 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.


Posco M-Tech Co's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Posco M-Tech Co's Equity-to-Asset distribution charts can be found below:

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



Posco M-Tech 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.

Posco M-Tech 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
=115756.951/154927.324
=0.75

Posco M-Tech 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
=115756.951/154927.324
=0.75

* 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 M-Tech Co  (XKRX:009520) 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 M-Tech Co Equity-to-Asset Related Terms

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


Posco M-Tech Co (XKRX:009520) Business Description

Traded in Other Exchanges
N/A
Address
131, Hyeongsangangbuk-ro, Nam-gu, Gyeongsanbuk-do, Pohang, KOR, 37835
Posco M-Tech Co Ltd is a South Korea based company engages in the provision of steel raw materials and packing materials and services. Its products include aluminum deoxidizers; ferro silicon; ferro molybdenum, magnesium ingots and Fe powder; and StrapMaster.

Posco M-Tech Co (XKRX:009520) Headlines

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