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FORMETAL Co (XKRX:119500) Equity-to-Asset : 0.81 (As of Dec. 2024)


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What is FORMETAL Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FORMETAL Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩50,060 Mil. FORMETAL Co's Total Assets for the quarter that ended in Dec. 2024 was ₩62,218 Mil. Therefore, FORMETAL Co's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.81.

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

XKRX:119500' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.69   Med: 0.72   Max: 0.81
Current: 0.81

During the past 13 years, the highest Equity to Asset Ratio of FORMETAL Co was 0.81. The lowest was 0.69. And the median was 0.72.

XKRX:119500's Equity-to-Asset is ranked better than
87.44% of 3033 companies
in the Industrial Products industry
Industry Median: 0.57 vs XKRX:119500: 0.81

FORMETAL Co Equity-to-Asset Historical Data

The historical data trend for FORMETAL 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.

FORMETAL Co Equity-to-Asset Chart

FORMETAL Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.73 0.72 0.75 0.81

FORMETAL Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.75 0.75 0.74 0.77 0.81

Competitive Comparison of FORMETAL Co's Equity-to-Asset

For the Metal Fabrication subindustry, FORMETAL 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.


FORMETAL Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FORMETAL Co's Equity-to-Asset distribution charts can be found below:

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


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FORMETAL 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.

FORMETAL Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=50060.42/62217.99
=0.80

FORMETAL Co's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=50060.42/62217.99
=0.80

* 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.


FORMETAL Co  (XKRX:119500) 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%.


FORMETAL Co Equity-to-Asset Related Terms

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


FORMETAL Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1741, Mujang-ri, Jigok-myeon, Chungcheongnam-do, Seosan, KOR
FORMETAL Co Ltd is a Korea based manufacturer of various types of forgings and supplies components of precision instruments. The products offered by the company are RV gear, hold flange, shaft, sprocket, oil cap, ice cleat, center bearing, fork shift, yoke, spindle, pole, crank shaft and cam shaft, among others. The products are used in automobile, defense industry, wind power generation, heavy equipment, agricultural machine, and in other industries.

FORMETAL Co Headlines

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