Iron Device (XKRX:464500) Equity-to-Asset : 0.88 (As of Sep. 2024)

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What is Iron Device Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Iron Device's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₩32,335 Mil. Iron Device's Total Assets for the quarter that ended in Sep. 2024 was ₩36,752 Mil. Therefore, Iron Device's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.88.

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

XKRX:464500' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.77 Med: 0.78 Max: 0.88
Current: 0.88

During the past 2 years, the highest Equity to Asset Ratio of Iron Device was 0.88. The lowest was 0.77. And the median was 0.78.

XKRX:464500's Equity-to-Asset is ranked better than
88.14% of 1012 companies
in the Semiconductors industry
Industry Median: 0.63 vs XKRX:464500: 0.88

Iron Device Equity-to-Asset Historical Data

The historical data trend for Iron Device'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.

Iron Device Equity-to-Asset Chart

Iron Device Annual Data

Trend

Dec22

Dec23

Equity-to-Asset

-0.30

0.78

Iron Device Quarterly Data
	Mar23	Sep23	Dec23	Mar24	Sep24
Equity-to-Asset	-	-	0.78	0.77	0.88

Competitive Comparison of Iron Device's Equity-to-Asset

For the Semiconductors subindustry, Iron Device'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.

Iron Device's Equity-to-Asset Distribution in the Semiconductors Industry

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

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

Iron Device 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.

Iron Device'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
	=	14363.932	/	18418.723
	=	0.78

Iron Device'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
	=	32334.669	/	36751.569
	=	0.88

Iron Device (XKRX:464500) 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%.

Iron Device Equity-to-Asset Related Terms

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

Iron Device Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Iron Device Corp (XKRX:464500) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

139 Dosandaero, 14th floor, Sinsa-dong, J Tower, Gangnam-gu, Seoul, KOR

Website

https://www.irondevice.com

Iron Device Corp plans, designs, manufactures, and sells mixed-signal SoC (System-on-Chip) semiconductors. It focuses on low-power, high-performance, high-integration design. The group is a fabless semiconductor company that develops and outsources system semiconductors and software based on original technologies and supplies them to global set manufacturers. Its products are cell phones, smart speakers, smart accessories, smart homes, speaker amplifiers, and smart cars.

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