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MatsukiyoCocokara (TSE:3088) Equity-to-Asset : 0.71 (As of Dec. 2023)


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What is MatsukiyoCocokara Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MatsukiyoCocokara's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円505,014 Mil. MatsukiyoCocokara's Total Assets for the quarter that ended in Dec. 2023 was 円710,690 Mil. Therefore, MatsukiyoCocokara's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

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

TSE:3088' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.66   Max: 0.71
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of MatsukiyoCocokara was 0.71. The lowest was 0.59. And the median was 0.66.

TSE:3088's Equity-to-Asset is ranked better than
78.88% of 677 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs TSE:3088: 0.71

MatsukiyoCocokara Equity-to-Asset Historical Data

The historical data trend for MatsukiyoCocokara'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.

MatsukiyoCocokara Equity-to-Asset Chart

MatsukiyoCocokara Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.65 0.67 0.71 0.70

MatsukiyoCocokara Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.70 0.70 0.71 0.71 0.71

Competitive Comparison of MatsukiyoCocokara's Equity-to-Asset

For the Pharmaceutical Retailers subindustry, MatsukiyoCocokara'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.


MatsukiyoCocokara's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, MatsukiyoCocokara's Equity-to-Asset distribution charts can be found below:

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



MatsukiyoCocokara 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.

MatsukiyoCocokara'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
=482470/688132
=0.70

MatsukiyoCocokara'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
=505014/710690
=0.71

* 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.


MatsukiyoCocokara  (TSE:3088) 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%.


MatsukiyoCocokara Equity-to-Asset Related Terms

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MatsukiyoCocokara (TSE:3088) Business Description

Traded in Other Exchanges
Address
1-8-2 Yushima, Bunkyo-ku, 7th Floor, MK Ochanomizu Building, Tokyo, JPN, 113-0034
MatsukiyoCocokara & Co, formerly Matsumotokiyoshi Holdings Co., Ltd. is a large retail pharmacy in Japan. The company's stores sell branded and generic medication, over-the-counter medicine, health and beauty aids, perfumery, discount cosmetics, household items, pet supplies, groceries, and personal care products. Matsumotokiyoshi operates a private brand called matsukiyo. The highest concentration of Matsumotokiyoshi's stores are in the Kanto region, which includes Tokyo.

MatsukiyoCocokara (TSE:3088) Headlines

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