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Modetour Network (XKRX:080160) Equity-to-Asset : 0.24 (As of Dec. 2023)


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What is Modetour Network Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Modetour Network's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩70,513 Mil. Modetour Network's Total Assets for the quarter that ended in Dec. 2023 was ₩299,161 Mil. Therefore, Modetour Network's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.24.

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

XKRX:080160' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.34   Max: 0.54
Current: 0.24

During the past 13 years, the highest Equity to Asset Ratio of Modetour Network was 0.54. The lowest was 0.21. And the median was 0.34.

XKRX:080160's Equity-to-Asset is ranked worse than
75.3% of 842 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs XKRX:080160: 0.24

Modetour Network Equity-to-Asset Historical Data

The historical data trend for Modetour Network'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.

Modetour Network Equity-to-Asset Chart

Modetour Network 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 0.30 0.21 0.27 0.21 0.24

Modetour Network 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 0.21 0.23 0.24 0.24 0.24

Competitive Comparison of Modetour Network's Equity-to-Asset

For the Travel Services subindustry, Modetour Network'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.


Modetour Network's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Modetour Network's Equity-to-Asset distribution charts can be found below:

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



Modetour Network 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.

Modetour Network'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
=70513.12/299161.465
=0.24

Modetour Network'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
=70513.12/299161.465
=0.24

* 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.


Modetour Network  (XKRX:080160) 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%.


Modetour Network Equity-to-Asset Related Terms

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


Modetour Network (XKRX:080160) Business Description

Traded in Other Exchanges
N/A
Address
Baeknam Building, 6th Floor, 188-3 Euljiro 1-Ga, Jung-gu, Seoul, KOR, 100-191
Modetour Network Inc is a Korea-based travel agency. The company sells domestic and overseas planning travel products and tickets for domestic and foreign residents and provides a series of related services. It also focuses on consulting on domestic and abroad travel and acting an agency for passport and visa procedure. The company's main services include overseas bookings, package tours, air courier services and others.

Modetour Network (XKRX:080160) Headlines

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