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Hyundai Glovis Co (XKRX:086280) Equity-to-Asset : 0.52 (As of Sep. 2024)


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What is Hyundai Glovis Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hyundai Glovis Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₩8,525,578 Mil. Hyundai Glovis Co's Total Assets for the quarter that ended in Sep. 2024 was ₩16,296,660 Mil. Therefore, Hyundai Glovis Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.52.

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

XKRX:086280' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.46   Max: 0.53
Current: 0.52

During the past 13 years, the highest Equity to Asset Ratio of Hyundai Glovis Co was 0.53. The lowest was 0.39. And the median was 0.46.

XKRX:086280's Equity-to-Asset is ranked better than
54.27% of 973 companies
in the Transportation industry
Industry Median: 0.49 vs XKRX:086280: 0.52

Hyundai Glovis Co Equity-to-Asset Historical Data

The historical data trend for Hyundai Glovis 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.

Hyundai Glovis Co Equity-to-Asset Chart

Hyundai Glovis 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 0.46 0.47 0.48 0.50 0.53

Hyundai Glovis Co 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 0.51 0.53 0.51 0.52 0.52

Competitive Comparison of Hyundai Glovis Co's Equity-to-Asset

For the Integrated Freight & Logistics subindustry, Hyundai Glovis 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.


Hyundai Glovis Co's Equity-to-Asset Distribution in the Transportation Industry

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

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



Hyundai Glovis 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.

Hyundai Glovis 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
=7755368.128/14725019.904
=0.53

Hyundai Glovis Co'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
=8525577.524/16296659.825
=0.52

* 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.


Hyundai Glovis Co  (XKRX:086280) 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%.


Hyundai Glovis Co Equity-to-Asset Related Terms

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Hyundai Glovis Co Business Description

Traded in Other Exchanges
N/A
Address
301, Teheran-ro, Gangnam-gu, Seoul, KOR
Hyundai Glovis Co Ltd is engaged in the comprehensive logistics business. The company offers vehicle transportation services, storage services, inbound and outbound logistics, domestic logistics services, general cargo, military logistics, and consulting services. It offers services to industries including steel, machinery, heavy industries, chemical, energy, and construction. The company provides systematic information on tracking, detention, estimated time of arrival through inbound and outbound logistics system.

Hyundai Glovis Co Headlines

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