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Fenwal Controls of Japan (TSE:6870) Equity-to-Asset : 0.67 (As of Dec. 2023)


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What is Fenwal Controls of Japan Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fenwal Controls of Japan's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円12,680 Mil. Fenwal Controls of Japan's Total Assets for the quarter that ended in Dec. 2023 was 円19,075 Mil. Therefore, Fenwal Controls of Japan's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.67.

The historical rank and industry rank for Fenwal Controls of Japan's Equity-to-Asset or its related term are showing as below:

TSE:6870' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.65   Max: 0.75
Current: 0.67

During the past 13 years, the highest Equity to Asset Ratio of Fenwal Controls of Japan was 0.75. The lowest was 0.52. And the median was 0.65.

TSE:6870's Equity-to-Asset is ranked better than
70.94% of 1091 companies
in the Business Services industry
Industry Median: 0.49 vs TSE:6870: 0.67

Fenwal Controls of Japan Equity-to-Asset Historical Data

The historical data trend for Fenwal Controls of Japan'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.

Fenwal Controls of Japan Equity-to-Asset Chart

Fenwal Controls of Japan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.74 0.64 0.65 0.67

Fenwal Controls of Japan 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 0.65 0.64 0.66 0.64 0.67

Competitive Comparison of Fenwal Controls of Japan's Equity-to-Asset

For the Security & Protection Services subindustry, Fenwal Controls of Japan'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.


Fenwal Controls of Japan's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Fenwal Controls of Japan's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Fenwal Controls of Japan's Equity-to-Asset falls into.



Fenwal Controls of Japan 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.

Fenwal Controls of Japan's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=12680.192/19075.468
=0.66

Fenwal Controls of Japan'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
=12680.192/19075.468
=0.66

* 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.


Fenwal Controls of Japan  (TSE:6870) 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%.


Fenwal Controls of Japan Equity-to-Asset Related Terms

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Fenwal Controls of Japan (TSE:6870) Business Description

Traded in Other Exchanges
N/A
Address
5-10, Iidabashi-1-chome, Kurobe Building, Chiyoda-Ku, Tokyo, JPN, 102-0072
Fenwal Controls of Japan Ltd is a Japan based company engaged in the manufacturing and selling firefighting products, disaster prevention equipment, medical products and temperature controlling products. The product portfolio of the company includes fire alarms and sprinklers, explosion suppression systems, and heat and smoke detection systems.

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