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SecondXight Analytica (TSE:5028) Equity-to-Asset : 0.80 (As of Mar. 2024)


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What is SecondXight Analytica Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SecondXight Analytica's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円690.8 Mil. SecondXight Analytica's Total Assets for the quarter that ended in Mar. 2024 was 円867.9 Mil. Therefore, SecondXight Analytica's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.80.

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

TSE:5028' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71   Med: 0.82   Max: 0.85
Current: 0.8

During the past 3 years, the highest Equity to Asset Ratio of SecondXight Analytica was 0.85. The lowest was 0.71. And the median was 0.82.

TSE:5028's Equity-to-Asset is ranked better than
84.19% of 2853 companies
in the Software industry
Industry Median: 0.55 vs TSE:5028: 0.80

SecondXight Analytica Equity-to-Asset Historical Data

The historical data trend for SecondXight Analytica'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.

SecondXight Analytica Equity-to-Asset Chart

SecondXight Analytica Annual Data
Trend Mar20 Mar21 Mar22
Equity-to-Asset
0.77 0.71 0.73

SecondXight Analytica Quarterly Data
Mar20 Mar21 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 0.83 0.84 0.85 - 0.80

Competitive Comparison of SecondXight Analytica's Equity-to-Asset

For the Software - Infrastructure subindustry, SecondXight Analytica'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.


SecondXight Analytica's Equity-to-Asset Distribution in the Software Industry

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

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



SecondXight Analytica 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.

SecondXight Analytica's Equity to Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Equity to Asset (A: Mar. 2022 )=Total Stockholders Equity/Total Assets
=474.096/651.791
=0.73

SecondXight Analytica's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=690.802/867.856
=0.80

* 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.


SecondXight Analytica  (TSE:5028) 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%.


SecondXight Analytica Equity-to-Asset Related Terms

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


SecondXight Analytica (TSE:5028) Business Description

Traded in Other Exchanges
N/A
Address
3-2-11 Nihonbashihoncho, Imon Nihonbashihoncho Building 4th Floor, Chuo-ku, Tokyo, JPN, 103-0023
SecondXight Analytica Inc is engaged in providing analytics consulting services and artificial intelligence products based on machine learning and deep learning.

SecondXight Analytica (TSE:5028) Headlines

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