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Asiana Airlines (XKRX:020560) Equity-to-Asset : 0.04 (As of Sep. 2024)


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What is Asiana Airlines Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asiana Airlines's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₩519,203 Mil. Asiana Airlines's Total Assets for the quarter that ended in Sep. 2024 was ₩13,155,351 Mil. Therefore, Asiana Airlines's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.04.

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

XKRX:020560' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01   Med: 0.08   Max: 0.15
Current: 0.04

During the past 13 years, the highest Equity to Asset Ratio of Asiana Airlines was 0.15. The lowest was 0.01. And the median was 0.08.

XKRX:020560's Equity-to-Asset is ranked worse than
94.76% of 973 companies
in the Transportation industry
Industry Median: 0.49 vs XKRX:020560: 0.04

Asiana Airlines Equity-to-Asset Historical Data

The historical data trend for Asiana Airlines'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.

Asiana Airlines Equity-to-Asset Chart

Asiana Airlines 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 0.06 0.07 0.04 0.05 0.05

Asiana Airlines 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 0.04 0.05 0.04 0.03 0.04

Competitive Comparison of Asiana Airlines's Equity-to-Asset

For the Airlines subindustry, Asiana Airlines'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.


Asiana Airlines's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asiana Airlines's Equity-to-Asset distribution charts can be found below:

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



Asiana Airlines 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.

Asiana Airlines'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
=680006.234/13016745.781
=0.05

Asiana Airlines'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
=519203.147/13155351.015
=0.04

* 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.


Asiana Airlines  (XKRX:020560) 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%.


Asiana Airlines Equity-to-Asset Related Terms

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Asiana Airlines Business Description

Traded in Other Exchanges
N/A
Address
Asiana Town KangseoNo 47, PO Box 98 Osae-Dong, Kangseo-ku, Seoul, KOR, 157-731
Asiana Airlines Inc is one of South Korea's major airlines. It generates revenue by transporting passengers, cargo, and by providing supplementary services related to airlines and travel industries. The company offers many different classes, or cabin experiences, for each flight. A customer may purchase tickets, check the flight status, check-in, and order/confirm other amenities on the company's website. Only a small portion of revenue is derived from domestic passengers (South Korea), with international passengers and carrying cargo constituting a majority. The majority of Asiana's revenue is from routes conducted throughout Asia.

Asiana Airlines Headlines

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