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Neo Cremar Co (XKRX:311390) Equity-to-Asset : 0.40 (As of Dec. 2024)


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What is Neo Cremar Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Neo Cremar Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₩70,790 Mil. Neo Cremar Co's Total Assets for the quarter that ended in Dec. 2024 was ₩178,338 Mil. Therefore, Neo Cremar Co's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.40.

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

XKRX:311390' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.67   Max: 0.81
Current: 0.4

During the past 8 years, the highest Equity to Asset Ratio of Neo Cremar Co was 0.81. The lowest was 0.33. And the median was 0.67.

XKRX:311390's Equity-to-Asset is ranked worse than
78.22% of 1575 companies
in the Chemicals industry
Industry Median: 0.59 vs XKRX:311390: 0.40

Neo Cremar Co Equity-to-Asset Historical Data

The historical data trend for Neo Cremar 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.

Neo Cremar Co Equity-to-Asset Chart

Neo Cremar Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial 0.81 0.81 0.62 0.55 0.40

Neo Cremar 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 0.55 0.92 0.85 0.44 0.40

Competitive Comparison of Neo Cremar Co's Equity-to-Asset

For the Specialty Chemicals subindustry, Neo Cremar 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.


Neo Cremar Co's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Neo Cremar Co's Equity-to-Asset distribution charts can be found below:

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


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Neo Cremar 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.

Neo Cremar 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
=70789.534/178338.004
=0.40

Neo Cremar 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
=70789.534/178338.004
=0.40

* 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.


Neo Cremar Co  (XKRX:311390) 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%.


Neo Cremar Co Equity-to-Asset Related Terms

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Neo Cremar Co Business Description

Traded in Other Exchanges
N/A
Address
11 Beobwon-ro, 11-gil, Songpa-gu, A-714, Hyundai Knowledge Center, Seoul, KOR, 05836
Neo Cremar Co Ltd is a South Korea based company engaged in supplying ingredients of functional foods. It is involved in the selling of products such as Galactooligosaccharide which has prebiotics effect and skin-improving effect and Palatinose which deters rise in blood sugar. Some of its other products include Neotide, Cyclodextrin syrup, Water-soluble curcumin, and Duoligo.

Neo Cremar Co Headlines

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