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Koatsu Gas Kogyo Co (TSE:4097) Equity-to-Asset : 0.64 (As of Dec. 2023)


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What is Koatsu Gas Kogyo Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Koatsu Gas Kogyo Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円72,917 Mil. Koatsu Gas Kogyo Co's Total Assets for the quarter that ended in Dec. 2023 was 円114,368 Mil. Therefore, Koatsu Gas Kogyo Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.64.

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

TSE:4097' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.6   Med: 0.64   Max: 0.68
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Koatsu Gas Kogyo Co was 0.68. The lowest was 0.60. And the median was 0.64.

TSE:4097's Equity-to-Asset is ranked better than
57.42% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs TSE:4097: 0.63

Koatsu Gas Kogyo Co Equity-to-Asset Historical Data

The historical data trend for Koatsu Gas Kogyo 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.

Koatsu Gas Kogyo Co Equity-to-Asset Chart

Koatsu Gas Kogyo Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.68 0.66 0.64 0.63

Koatsu Gas Kogyo Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.64 0.64 0.63 0.64 0.63

Competitive Comparison of Koatsu Gas Kogyo Co's Equity-to-Asset

For the Chemicals subindustry, Koatsu Gas Kogyo 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.


Koatsu Gas Kogyo Co's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Koatsu Gas Kogyo Co's Equity-to-Asset distribution charts can be found below:

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



Koatsu Gas Kogyo 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.

Koatsu Gas Kogyo Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=75715/120184
=0.63

Koatsu Gas Kogyo 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
=72917/114368
=0.64

* 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.


Koatsu Gas Kogyo Co  (TSE:4097) 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%.


Koatsu Gas Kogyo Co Equity-to-Asset Related Terms

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Koatsu Gas Kogyo Co (TSE:4097) Business Description

Traded in Other Exchanges
N/A
Address
1-5, Doyama-cho, Kita-ku, Osaka, JPN, 530-8411
Koatsu Gas Kogyo Co., Ltd. is engaged in the production and distribution of industrial gases and chemical products. It has three operating business divisions: Gas, Chemical Products and Information Systems. The company supplies various types of gases to a broad range of industrial sectors, from living-related industries to the medical industry. Its chemical products offering includes adhesives, a synthetic resin emulsion, cyanon, special resin and a nonwoven shock-absorbing material. The company offers information systems, such as LSI cards and reader-writers for various industrial fields, such as construction, civil engineering, transportation, and production equipment; and GNSS receiver modules.

Koatsu Gas Kogyo Co (TSE:4097) Headlines

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