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Solution Advanced Technology Co (XKRX:351320) Equity-to-Asset : 0.46 (As of Dec. 2023)


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What is Solution Advanced Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Solution Advanced Technology Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₩19,399 Mil. Solution Advanced Technology Co's Total Assets for the quarter that ended in Dec. 2023 was ₩42,641 Mil. Therefore, Solution Advanced Technology Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.46.

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

XKRX:351320' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.47   Max: 0.54
Current: 0.46

During the past 4 years, the highest Equity to Asset Ratio of Solution Advanced Technology Co was 0.54. The lowest was 0.25. And the median was 0.47.

XKRX:351320's Equity-to-Asset is ranked worse than
71.11% of 630 companies
in the Diversified Financial Services industry
Industry Median: 0.83 vs XKRX:351320: 0.46

Solution Advanced Technology Co Equity-to-Asset Historical Data

The historical data trend for Solution Advanced Technology 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.

Solution Advanced Technology Co Equity-to-Asset Chart

Solution Advanced Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.25 0.48 0.54 0.46

Solution Advanced Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.54 0.53 0.50 0.50 0.46

Competitive Comparison of Solution Advanced Technology Co's Equity-to-Asset

For the Shell Companies subindustry, Solution Advanced Technology 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.


Solution Advanced Technology Co's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Solution Advanced Technology Co's Equity-to-Asset distribution charts can be found below:

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



Solution Advanced Technology 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.

Solution Advanced Technology 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
=19398.775/42640.681
=0.45

Solution Advanced Technology 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
=19398.775/42640.681
=0.45

* 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.


Solution Advanced Technology Co  (XKRX:351320) 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%.


Solution Advanced Technology Co Equity-to-Asset Related Terms

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Solution Advanced Technology Co (XKRX:351320) Business Description

Traded in Other Exchanges
N/A
Address
11, International Financial Street 6-gil, Yeongdeungpo-gu, Seoul, KOR
Website
IBKS No.14 Special Purpose Acquisition Co is not engaged in any business activities.

Solution Advanced Technology Co (XKRX:351320) Headlines

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