Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asahi Yukizai's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円69,023 Mil. Asahi Yukizai's Total Assets for the quarter that ended in Dec. 2023 was 円98,232 Mil.
Therefore, Asahi Yukizai's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.
The historical rank and industry rank for Asahi Yukizai's Equity-to-Asset or its related term are showing as below:
TSE:4216'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65 Med: 0.69 Max: 0.73
Current: 0.7
During the past 13 years, the highest Equity to Asset Ratio of Asahi Yukizai was 0.73. The lowest was 0.65. And the median was 0.69.
TSE:4216's Equity-to-Asset is ranked better than 84.68% of 1684
companies
in the Construction industry
Industry Median: 0.44
vs TSE:4216: 0.70
Asahi Yukizai Equity-to-Asset Historical Data
The historical data trend for Asahi Yukizai'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 Asahi Yukizai's Equity-to-Asset
For the Building Products & Equipment subindustry, Asahi Yukizai'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.
Asahi Yukizai's Equity-to-Asset Distribution in the Construction Industry
For the Construction industry and Industrials sector, Asahi Yukizai's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Asahi Yukizai's Equity-to-Asset falls into.
Asahi Yukizai 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.
Asahi Yukizai's Equity to Asset Ratio for the fiscal year that ended in Mar. 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.
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%.
Asahi Yukizai Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Asahi Yukizai's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Asahi Yukizai Corp engages in the manufacture and sale of industrial resins and piping materials. The firm offers synthetic resin piping material for valves, pipes, fittings, and other locations, as well as the Dymatrix high-performance synthetic resin piping material for LCD- and semiconductor-related systems; and foundry materials and functional resins for casting, molding materials, high functional materials, and others. It also engages in the development and supply of water and thermal resources, including well drilling and geothermal exploitation, and hot spring exploitation; design and construction of water utility facilities and reuse of wastewater; industrial water and wastewater treatment; and provision of public sewage facilities.
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