Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kobe Bussan Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円115,788 Mil. Kobe Bussan Co's Total Assets for the quarter that ended in Jan. 2024 was 円203,479 Mil.
Therefore, Kobe Bussan Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.57.
The historical rank and industry rank for Kobe Bussan Co's Equity-to-Asset or its related term are showing as below:
TSE:3038'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.26 Max: 0.57
Current: 0.57
During the past 13 years, the highest Equity to Asset Ratio of Kobe Bussan Co was 0.57. The lowest was 0.11. And the median was 0.26.
TSE:3038's Equity-to-Asset is ranked better than 72.61% of 314
companies
in the Retail - Defensive industry
Industry Median: 0.395
vs TSE:3038: 0.57
Kobe Bussan Co Equity-to-Asset Historical Data
The historical data trend for Kobe Bussan 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.
Competitive Comparison of Kobe Bussan Co's Equity-to-Asset
For the Grocery Stores subindustry, Kobe Bussan 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.
Kobe Bussan Co's Equity-to-Asset Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Kobe Bussan Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Kobe Bussan Co's Equity-to-Asset falls into.
Kobe Bussan 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.
Kobe Bussan Co's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as
* 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.
Kobe Bussan Co (TSE:3038) 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%.
Kobe Bussan Co Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Kobe Bussan Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Kobe Bussan Co.,Ltd. is a Japan-based company that operates through four business divisions. The Gyomu Super business, accounting for the majority of the company's revenue, is primarily in engaged in franchising supermarkets that provide merchandise produced at the company's own factories or imported from overseas. The Kobe Cook business operates through several formats, including Kobe Cook World Buffet stores, which are buffet-style restaurants; Green's K stores, which are small supermarkets offering ready-made meals; and Green's K Teppan Buffet stores, which are restaurants featuring a blend of buffet and self-cooking. The Kobe Cook Innoventure business is operated to promote restaurant business and offer food materials. The company also operates the Eco Renewable Energy business.
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