Ecology and Combustion (NGO:6225) Equity-to-Asset : 0.73 (As of Jan. 2024)

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What is Ecology and Combustion Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ecology and Combustion's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円2,912 Mil. Ecology and Combustion's Total Assets for the quarter that ended in Jan. 2024 was 円3,993 Mil. Therefore, Ecology and Combustion's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.73.

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

NGO:6225' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.72 Max: 0.77
Current: 0.73

During the past 2 years, the highest Equity to Asset Ratio of Ecology and Combustion was 0.77. The lowest was 0.59. And the median was 0.72.

NGO:6225's Equity-to-Asset is ranked better than
77.22% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs NGO:6225: 0.73

Ecology and Combustion Equity-to-Asset Historical Data

The historical data trend for Ecology and Combustion'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.

Ecology and Combustion Equity-to-Asset Chart

Ecology and Combustion Annual Data

Trend

Jul22

Jul23

Equity-to-Asset

0.63

0.72

Ecology and Combustion Quarterly Data
	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial			0.77	0.70	0.72	0.74	0.73

Competitive Comparison of Ecology and Combustion's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Ecology and Combustion'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.

Ecology and Combustion's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ecology and Combustion's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ecology and Combustion's Equity-to-Asset falls into.

Ecology and Combustion 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.

Ecology and Combustion's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2902.353	/	4032.707
	=	0.72

Ecology and Combustion's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	2911.55	/	3992.765
	=	0.73

Ecology and Combustion (NGO:6225) 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%.

Ecology and Combustion Equity-to-Asset Related Terms

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

Ecology and Combustion (NGO:6225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ecology and Combustion Inc (NGO:6225) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-5-6 Shinmiyakoda (Hamamatsu Technopolis), Kita-Ku, Hamamatsu, JPN, 4312103

Website

https://www.ecom-jp.co.jp

Ecology and Combustion Inc is engaged in the development, design, manufacture and maintenance of heating equipment. It develops, design, manufacture, and maintain deodorizing equipment, aluminum melting/holding furnaces, drying furnaces, heat treatment furnaces, and burners.

Ecology and Combustion (NGO:6225) Headlines

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