GSI Co (SSE:5579) Equity-to-Asset : 0.70 (As of Dec. 2023)

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What is GSI Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GSI Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円2,016 Mil. GSI Co's Total Assets for the quarter that ended in Dec. 2023 was 円2,900 Mil. Therefore, GSI Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.

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

SSE:5579' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.65 Max: 0.7
Current: 0.7

During the past 2 years, the highest Equity to Asset Ratio of GSI Co was 0.70. The lowest was 0.59. And the median was 0.65.

SSE:5579's Equity-to-Asset is ranked better than
71.4% of 2850 companies
in the Software industry
Industry Median: 0.55 vs SSE:5579: 0.70

GSI Co Equity-to-Asset Historical Data

The historical data trend for GSI 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.

GSI Co Equity-to-Asset Chart

GSI Co Annual Data

Trend

Mar22

Mar23

Equity-to-Asset

0.59

0.61

GSI Co Quarterly Data
	Mar22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	0.59	0.61	0.65	0.67	0.70

Competitive Comparison of GSI Co's Equity-to-Asset

For the Information Technology Services subindustry, GSI 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.

GSI Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, GSI Co's Equity-to-Asset distribution charts can be found below:

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

GSI 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.

GSI Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1512.048	/	2471.839
	=	0.61

GSI Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2015.992	/	2900.335
	=	0.70

GSI Co (SSE:5579) 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%.

GSI Co Equity-to-Asset Related Terms

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

GSI Co (SSE:5579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GSI Co Ltd (SSE:5579) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kita 7-jo Nishi 1-1-2, SE Sapporo Building 13th Floor, Kita-ku, Sapporo, JPN, 060-0807

Website

https://www.glue-si.com

GSI Co Ltd is engaged in providing IT solution services that satisfy its customers. It is a system development business that specializes in providing system development to companies that are struggling with a lack of IT service development capabilities to utilize corporate digital technology.

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