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Young Poong (XKRX:000670) Equity-to-Asset : 0.69 (As of Mar. 2024)


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What is Young Poong Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Young Poong's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩3,800,599 Mil. Young Poong's Total Assets for the quarter that ended in Mar. 2024 was ₩5,524,987 Mil. Therefore, Young Poong's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.69.

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

XKRX:000670' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.65   Max: 0.69
Current: 0.69

During the past 13 years, the highest Equity to Asset Ratio of Young Poong was 0.69. The lowest was 0.59. And the median was 0.65.

XKRX:000670's Equity-to-Asset is ranked worse than
59.76% of 2711 companies
in the Metals & Mining industry
Industry Median: 0.8 vs XKRX:000670: 0.69

Young Poong Equity-to-Asset Historical Data

The historical data trend for Young Poong'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.

Young Poong Equity-to-Asset Chart

Young Poong Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.66 0.63 0.67 0.69

Young Poong Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.68 0.68 0.68 0.69 0.69

Competitive Comparison of Young Poong's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Young Poong'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.


Young Poong's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Young Poong's Equity-to-Asset distribution charts can be found below:

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



Young Poong 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.

Young Poong'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
=3813167.015/5568116.97
=0.68

Young Poong'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
=3800598.961/5524987.172
=0.69

* 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.


Young Poong  (XKRX:000670) 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%.


Young Poong Equity-to-Asset Related Terms

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


Young Poong (XKRX:000670) Business Description

Traded in Other Exchanges
N/A
Address
542 Gangnam-daero, Gangnamgu, Seoul, KOR, 134-749
Young Poong Corp is a manufacturer and supplier of the zinc and few other non-ferrous metals in Korea. Its products include special high grade (SHG) zinc ingot, zinc alloy for galvanizing, die casting, zinc alloy, sulfuric acid, copper sulfate, silver by-product and indium. The zinc alloy for die casting includes DC1 (die casting), DC2, DC3, and zipper.

Young Poong (XKRX:000670) Headlines

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