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Tripleize Co (TSE:5026) Equity-to-Asset : 0.16 (As of Feb. 2024)


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What is Tripleize Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tripleize Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円662 Mil. Tripleize Co's Total Assets for the quarter that ended in Feb. 2024 was 円4,070 Mil. Therefore, Tripleize Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.16.

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

TSE:5026' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.48   Max: 0.66
Current: 0.16

During the past 4 years, the highest Equity to Asset Ratio of Tripleize Co was 0.66. The lowest was 0.14. And the median was 0.48.

TSE:5026's Equity-to-Asset is ranked worse than
85.54% of 2849 companies
in the Software industry
Industry Median: 0.54 vs TSE:5026: 0.16

Tripleize Co Equity-to-Asset Historical Data

The historical data trend for Tripleize 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.

Tripleize Co Equity-to-Asset Chart

Tripleize Co Annual Data
Trend Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
0.44 0.40 0.65 0.14

Tripleize Co Quarterly Data
Aug20 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.49 0.14 0.14 0.16

Competitive Comparison of Tripleize Co's Equity-to-Asset

For the Information Technology Services subindustry, Tripleize 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.


Tripleize Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Tripleize Co's Equity-to-Asset distribution charts can be found below:

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



Tripleize 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.

Tripleize Co's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=332.146/2302.647
=0.14

Tripleize Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=661.728/4070.182
=0.16

* 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.


Tripleize Co  (TSE:5026) 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%.


Tripleize Co Equity-to-Asset Related Terms

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


Tripleize Co (TSE:5026) Business Description

Traded in Other Exchanges
N/A
Address
3-4-4 Kanda Surugadai, Ryumeikan Main Store Building 12th floor, Chiyoda-ku, Tokyo, JPN, 101-0062
Tripleize Co Ltd is an information technology company. The company offers System Development, Cloud Service, Infrastructure Construction, and Acquiring services.

Tripleize Co (TSE:5026) Headlines

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