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SecuLetter Co (XKRX:418250) Equity-to-Asset : 0.81 (As of Mar. 2024)


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What is SecuLetter Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SecuLetter Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩14,384 Mil. SecuLetter Co's Total Assets for the quarter that ended in Mar. 2024 was ₩17,696 Mil. Therefore, SecuLetter Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.81.

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

XKRX:418250' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.81   Max: 0.88
Current: 0.81

During the past 4 years, the highest Equity to Asset Ratio of SecuLetter Co was 0.88. The lowest was 0.68. And the median was 0.81.

XKRX:418250's Equity-to-Asset is not ranked
in the Software industry.
Industry Median: 0.55 vs XKRX:418250: 0.81

SecuLetter Co Equity-to-Asset Historical Data

The historical data trend for SecuLetter 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.

SecuLetter Co Equity-to-Asset Chart

SecuLetter Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-1.53 0.61 0.77 0.87

SecuLetter Co Quarterly Data
Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial 0.77 0.68 0.88 0.87 0.81

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

For the Software - Infrastructure subindustry, SecuLetter 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.


SecuLetter Co's Equity-to-Asset Distribution in the Software Industry

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

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



SecuLetter 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.

SecuLetter 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
=16999.933/19518.074
=0.87

SecuLetter 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
=14384.007/17695.906
=0.81

* 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.


SecuLetter Co  (XKRX:418250) 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%.


SecuLetter Co Equity-to-Asset Related Terms

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SecuLetter Co (XKRX:418250) Business Description

Traded in Other Exchanges
N/A
Address
14th Floor, 422-1, Geumto-dong, Sujeong-gu, Gyeonggi-do, Seongnam-si, KOR
SecuLetter Co Ltd is a company providing solutions against cyber threats, attacks, malware and phishing. The company specializes in analyzing/detecting unknown malware, diagnose/analyze security vulnerabilities of non-executable files at the assembly level which is the smallest unit of files so it has a high rate of security threat and vulnerability/exploit detection. diagnosis speed is fast, and accurate data is provided. The main business areas are e-mail security business, data transmission file security business between networks, web service file security business, document centralization file security business, cloud support security business, security threat intelligence business.

SecuLetter Co (XKRX:418250) Headlines

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