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Dongkuk Steel Mill Co spin off (XKRX:460860) Total Assets : ₩3,371,926 Mil (As of Mar. 2024)


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What is Dongkuk Steel Mill Co spin off Total Assets?

Dongkuk Steel Mill Co spin off's Total Assets for the quarter that ended in Mar. 2024 was ₩3,371,926 Mil.

Total Assets is connected with ROA %. Dongkuk Steel Mill Co spin off's annualized ROA % for the quarter that ended in Mar. 2024 was 3.38%. Total Assets is also linked to Revenue through Asset Turnover. Dongkuk Steel Mill Co spin off's Asset Turnover for the quarter that ended in Mar. 2024 was 0.27.


Dongkuk Steel Mill Co spin off Total Assets Historical Data

The historical data trend for Dongkuk Steel Mill Co spin off's Total Assets 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.

Dongkuk Steel Mill Co spin off Total Assets Chart

Dongkuk Steel Mill Co spin off Annual Data
Trend Dec23
Total Assets
3,531,787.09

Dongkuk Steel Mill Co spin off Quarterly Data
Jun23 Sep23 Dec23 Mar24
Total Assets 3,611,135.74 3,507,652.15 3,531,787.09 3,371,925.88

Dongkuk Steel Mill Co spin off Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Dongkuk Steel Mill Co spin off's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=1721360.857+1810426.229
=3,531,787

Dongkuk Steel Mill Co spin off's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=1715811.465+1656114.411
=3,371,926

* 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.


Dongkuk Steel Mill Co spin off  (XKRX:460860) Total Assets Explanation

Total Assets is connected with ROA %.

Dongkuk Steel Mill Co spin off's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=116542.548/( (3531787.086+3371925.875)/ 2 )
=116542.548/3451856.4805
=3.38 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Dongkuk Steel Mill Co spin off's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=927256.594/( (3531787.086+3371925.875)/ 2 )
=927256.594/3451856.4805
=0.27

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Dongkuk Steel Mill Co spin off Total Assets Related Terms

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Dongkuk Steel Mill Co spin off (XKRX:460860) Business Description

Traded in Other Exchanges
N/A
Address
19 Eulji-ro 5-gil, Ferrum Tower, Jung-gu, Seoul, KOR
Dongkuk Steel Mill Co Ltd spin off is a Korean steel company that engages in manufacturing steel products. It produces high-strength and ultra-high-strength reinforcing bars of various standards. It offers H-beams, angles, Reinforcing Bar, Seismic Resistant Bar, and channels, Threaded Bar, and steel plates.

Dongkuk Steel Mill Co spin off (XKRX:460860) Headlines

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