WooDeumGee Farm Co (XKRX:403490) Equity-to-Asset : 0.64 (As of Mar. 2024)

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What is WooDeumGee Farm Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WooDeumGee Farm Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₩38,591 Mil. WooDeumGee Farm Co's Total Assets for the quarter that ended in Mar. 2024 was ₩60,064 Mil. Therefore, WooDeumGee Farm Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.64.

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

XKRX:403490' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64 Med: 0.68 Max: 0.82
Current: 0.64

During the past 4 years, the highest Equity to Asset Ratio of WooDeumGee Farm Co was 0.82. The lowest was 0.64. And the median was 0.68.

XKRX:403490's Equity-to-Asset is ranked better than
64.88% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs XKRX:403490: 0.64

WooDeumGee Farm Co Equity-to-Asset Historical Data

The historical data trend for WooDeumGee Farm 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.

WooDeumGee Farm Co Equity-to-Asset Chart

WooDeumGee Farm Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

-0.25

0.02

0.76

0.82

WooDeumGee Farm Co Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial			0.82	-	0.68	0.68	0.64

Competitive Comparison of WooDeumGee Farm Co's Equity-to-Asset

For the Farm Products subindustry, WooDeumGee Farm 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.

WooDeumGee Farm Co's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, WooDeumGee Farm Co's Equity-to-Asset distribution charts can be found below:

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

WooDeumGee Farm 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.

WooDeumGee Farm Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	27827.148	/	34079.913
	=	0.82

WooDeumGee Farm 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
	=	38591.199	/	60064.495
	=	0.64

WooDeumGee Farm Co (XKRX:403490) 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%.

WooDeumGee Farm Co Equity-to-Asset Related Terms

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

WooDeumGee Farm Co (XKRX:403490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » WooDeumGee Farm Co Ltd (XKRX:403490) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

698 Heungsu-ro, Gyuam-myeon, Buyeo-gun, Chungcheongnam-do, KOR

Website

https://www.wdgfarm.com

WooDeumGee Farm Co Ltd is a High tech agricultural company which has developed Korean-style semi-enclosed glass greenhouse. The company operates through Smart farm technology which is a next-generation agricultural system that optimizes the growing environment for crops by combining Fourth industrial technologies such as artificial intelligence, big data, and the Internet of Things with existing agricultural methods.

WooDeumGee Farm Co (XKRX:403490) Headlines

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