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Openedges Technology Co (XKRX:394280) Equity-to-Asset : 0.75 (As of Sep. 2024)


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What is Openedges Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Openedges Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₩67,314 Mil. Openedges Technology Co's Total Assets for the quarter that ended in Sep. 2024 was ₩90,392 Mil. Therefore, Openedges Technology Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.75.

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

XKRX:394280' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.55   Max: 0.78
Current: 0.75

During the past 4 years, the highest Equity to Asset Ratio of Openedges Technology Co was 0.78. The lowest was 0.30. And the median was 0.55.

XKRX:394280's Equity-to-Asset is ranked better than
67.49% of 1012 companies
in the Semiconductors industry
Industry Median: 0.63 vs XKRX:394280: 0.75

Openedges Technology Co Equity-to-Asset Historical Data

The historical data trend for Openedges 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.

Openedges Technology Co Equity-to-Asset Chart

Openedges Technology Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-2.60 0.57 0.60 0.46

Openedges Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.35 0.46 0.38 0.30 0.75

Competitive Comparison of Openedges Technology Co's Equity-to-Asset

For the Semiconductors subindustry, Openedges 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.


Openedges Technology Co's Equity-to-Asset Distribution in the Semiconductors Industry

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

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



Openedges 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.

Openedges 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
=20571.165/44692.02
=0.46

Openedges Technology Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=67313.832/90391.713
=0.74

* 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.


Openedges Technology Co  (XKRX:394280) 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%.


Openedges Technology Co Equity-to-Asset Related Terms

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Openedges Technology Co Business Description

Traded in Other Exchanges
N/A
Address
114 Yeoksam-ro, 13th Floor, Hyeonjuk Building, Gangnam-gu, Seoul, KOR, 06252
Openedges Technology Co Ltd provides integrated AI Edge computing IP solutions. It offers a total memory system, and AI Platform IP solution combining NPU IP and Memory System IP. Its product offerings comprise Neural Processing Unit (NPU) IP and ORBIT Memory System.

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