GDEP Advance (TSE:5885) Equity-to-Asset : 0.63 (As of Feb. 2024)

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What is GDEP Advance Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GDEP Advance's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円2,264 Mil. GDEP Advance's Total Assets for the quarter that ended in Feb. 2024 was 円3,581 Mil. Therefore, GDEP Advance's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.63.

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

TSE:5885' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54 Med: 0.56 Max: 0.66
Current: 0.63

During the past 3 years, the highest Equity to Asset Ratio of GDEP Advance was 0.66. The lowest was 0.54. And the median was 0.56.

TSE:5885's Equity-to-Asset is ranked better than
60.97% of 2485 companies
in the Hardware industry
Industry Median: 0.57 vs TSE:5885: 0.63

GDEP Advance Equity-to-Asset Historical Data

The historical data trend for GDEP Advance'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.

GDEP Advance Equity-to-Asset Chart

GDEP Advance Annual Data

Trend

May21

May22

May23

Equity-to-Asset

0.55

0.56

GDEP Advance Quarterly Data
	May21	May22	Feb23	May23	Aug23	Nov23	Feb24
Equity-to-Asset	Get a 7-Day Free Trial			0.54	0.56	0.66	0.60	0.63

Competitive Comparison of GDEP Advance's Equity-to-Asset

For the Computer Hardware subindustry, GDEP Advance'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.

GDEP Advance's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, GDEP Advance's Equity-to-Asset distribution charts can be found below:

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

GDEP Advance 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.

GDEP Advance's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1522.71	/	2730.691
	=	0.56

GDEP Advance'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
	=	2264.341	/	3581.448
	=	0.63

GDEP Advance (TSE:5885) 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%.

GDEP Advance Equity-to-Asset Related Terms

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

GDEP Advance (TSE:5885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GDEP Advance Inc (TSE:5885) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803

Website

https://info.gdep.co.jp

GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

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