Seojin System Co (XKRX:178320) Equity-to-Asset : 0.34 (As of Mar. 2024)

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What is Seojin System Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Seojin System Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩543,814 Mil. Seojin System Co's Total Assets for the quarter that ended in Mar. 2024 was ₩1,583,852 Mil. Therefore, Seojin System Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.34.

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

XKRX:178320' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.42 Max: 0.51
Current: 0.34

During the past 10 years, the highest Equity to Asset Ratio of Seojin System Co was 0.51. The lowest was 0.32. And the median was 0.42.

XKRX:178320's Equity-to-Asset is ranked worse than
82.18% of 2492 companies
in the Hardware industry
Industry Median: 0.57 vs XKRX:178320: 0.34

Seojin System Co Equity-to-Asset Historical Data

The historical data trend for Seojin System 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.

Seojin System Co Equity-to-Asset Chart

Seojin System Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.47

0.35

0.34

0.39

0.33

Seojin System Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.39	0.36	0.33	0.33	0.34

Competitive Comparison of Seojin System Co's Equity-to-Asset

For the Communication Equipment subindustry, Seojin System 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.

Seojin System Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Seojin System Co's Equity-to-Asset distribution charts can be found below:

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

Seojin System 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.

Seojin System 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
	=	498204.312	/	1520116.356
	=	0.33

Seojin System Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	543813.664	/	1583851.683
	=	0.34

Seojin System Co (XKRX:178320) 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%.

Seojin System Co Equity-to-Asset Related Terms

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

Seojin System Co (XKRX:178320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Seojin System Co Ltd (XKRX:178320) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

20-22 Saneom-ro, Ojeong-gu, Bucheon, Gyeonggi-do, KOR, 14441

Website

http://www.seojinsystem.net

Seojin System Co Ltd manufactures communication equipment parts, mobile phone parts (metal case, etc.).

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