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Sekisui Kasei Co (TSE:4228) Equity-to-Asset : 0.38 (As of Dec. 2023)


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What is Sekisui Kasei Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sekisui Kasei Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円56,219 Mil. Sekisui Kasei Co's Total Assets for the quarter that ended in Dec. 2023 was 円147,809 Mil. Therefore, Sekisui Kasei Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.38.

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

TSE:4228' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.46   Max: 0.51
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Sekisui Kasei Co was 0.51. The lowest was 0.38. And the median was 0.46.

TSE:4228's Equity-to-Asset is ranked worse than
81.48% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs TSE:4228: 0.38

Sekisui Kasei Co Equity-to-Asset Historical Data

The historical data trend for Sekisui Kasei 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.

Sekisui Kasei Co Equity-to-Asset Chart

Sekisui Kasei Co 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 0.43 0.44 0.44 0.40 0.40

Sekisui Kasei Co 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 0.38 0.40 0.39 0.38 0.38

Competitive Comparison of Sekisui Kasei Co's Equity-to-Asset

For the Specialty Chemicals subindustry, Sekisui Kasei 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.


Sekisui Kasei Co's Equity-to-Asset Distribution in the Chemicals Industry

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

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



Sekisui Kasei 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.

Sekisui Kasei 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
=57722/145175
=0.40

Sekisui Kasei 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
=56219/147809
=0.38

* 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.


Sekisui Kasei Co  (TSE:4228) 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%.


Sekisui Kasei Co Equity-to-Asset Related Terms

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


Sekisui Kasei Co (TSE:4228) Business Description

Traded in Other Exchanges
N/A
Address
2-4-4 Nishitenma, Kita-ku, Osaka, JPN, 530-8565
Sekisui Kasei Co Ltd is a plastic provider solution company. The company is engaged in manufacture and sale of foamed plastic and other plastic products. It operates in two segments, Human Life, and Industry. The products in human life segment include Eslen beads, Eslen sheet, Eslen wood, Interforms, ES molded products such as ES Dan mat, Eslen block used in agricultural and fishery materials, food packaging materials, distribution materials, construction materials, civil engineering materials. The products in Industry segment are Pioceran, Literon, Neomicrolen, Serpet, Techpolymer, Technogel, Techheater, Elastil, Formac, ST-LAYER used in automotive materials, vehicle parts packaging, industrial materials, industrial packaging, electronic component materials, medical and health materials.

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