GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lat Co Ltd (XKRX:311060) » Definitions » Equity-to-Asset

Lat Co (XKRX:311060) Equity-to-Asset : 0.15 (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Lat Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lat Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩5,034 Mil. Lat Co's Total Assets for the quarter that ended in Dec. 2023 was ₩33,261 Mil. Therefore, Lat Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.15.

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

XKRX:311060' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.15   Max: 0.35
Current: 0.15

During the past 3 years, the highest Equity to Asset Ratio of Lat Co was 0.35. The lowest was 0.10. And the median was 0.15.

XKRX:311060's Equity-to-Asset is ranked worse than
94.51% of 3025 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKRX:311060: 0.15

Lat Co Equity-to-Asset Historical Data

The historical data trend for Lat 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.

Lat Co Equity-to-Asset Chart

Lat Co Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.10 0.35 0.15

Lat Co Semi-Annual Data
Dec21 Dec22 Dec23
Equity-to-Asset 0.10 0.35 0.15

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

For the Specialty Industrial Machinery subindustry, Lat 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.


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

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

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



Lat 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.

Lat 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
=5033.641/33261.153
=0.15

Lat Co'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
=5033.641/33261.153
=0.15

* 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.


Lat Co  (XKRX:311060) 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%.


Lat Co Equity-to-Asset Related Terms

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


Lat Co (XKRX:311060) Business Description

Traded in Other Exchanges
N/A
Address
766-2 Gosaek-dong, Gwonseon-gu, Pyeong-dong, Gyeonggi-do, 1433-100, Suwon, KOR, 16643
Lat Co Ltd is a Korean company which operates in the vacuum equipment industry. It manufactures semiconductor and display equipment, while its products offerings include Vacuum deposition equipment, Heat treatment devices, etching devices, fusion compound devices, and other devices. It offers products for industries including solar cells (MEMS, PACKAGE, PCB), displays (AMOLED, LCD), and renewable energy (crystalline, thin film solar cells).

Lat Co (XKRX:311060) Headlines

No Headlines