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Kyokuto Kaihatsu Kogyo Co (TSE:7226) Equity-to-Asset : 0.70 (As of Dec. 2023)


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What is Kyokuto Kaihatsu Kogyo Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kyokuto Kaihatsu Kogyo Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円112,582 Mil. Kyokuto Kaihatsu Kogyo Co's Total Assets for the quarter that ended in Dec. 2023 was 円161,328 Mil. Therefore, Kyokuto Kaihatsu Kogyo Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.

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

TSE:7226' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.65   Max: 0.74
Current: 0.7

During the past 13 years, the highest Equity to Asset Ratio of Kyokuto Kaihatsu Kogyo Co was 0.74. The lowest was 0.57. And the median was 0.65.

TSE:7226's Equity-to-Asset is ranked better than
82.38% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.47 vs TSE:7226: 0.70

Kyokuto Kaihatsu Kogyo Co Equity-to-Asset Historical Data

The historical data trend for Kyokuto Kaihatsu Kogyo 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.

Kyokuto Kaihatsu Kogyo Co Equity-to-Asset Chart

Kyokuto Kaihatsu Kogyo 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 0.65 0.68 0.70 0.73 0.71

Kyokuto Kaihatsu Kogyo 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 0.70 0.71 0.71 0.70 0.70

Competitive Comparison of Kyokuto Kaihatsu Kogyo Co's Equity-to-Asset

For the Farm & Heavy Construction Machinery subindustry, Kyokuto Kaihatsu Kogyo 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.


Kyokuto Kaihatsu Kogyo Co's Equity-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Kyokuto Kaihatsu Kogyo Co's Equity-to-Asset distribution charts can be found below:

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



Kyokuto Kaihatsu Kogyo 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.

Kyokuto Kaihatsu Kogyo 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
=111536/158156
=0.71

Kyokuto Kaihatsu Kogyo 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
=112582/161328
=0.70

* 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.


Kyokuto Kaihatsu Kogyo Co  (TSE:7226) 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%.


Kyokuto Kaihatsu Kogyo Co Equity-to-Asset Related Terms

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Kyokuto Kaihatsu Kogyo Co (TSE:7226) Business Description

Traded in Other Exchanges
N/A
Address
6-1-45 Koshienguchi, Nishinomiya, JPN, 663-8545
Kyokuto Kaihatsu Kogyo Co., Ltd. Is a Japan-based company which is various lines of business including specialty truck business, environmental equipment and systems and real estate rental business. It operates is business in three reportable segments namely Specialty truck business, Environmental equipment and systems business and Real estate rental business. Specialty truck business manufactures and distributes specialty trucks such as dump trucks, tailgate lifters, tank trucks, refuse trucks and trailers. Environmental equipment and systems business manufactures and distributes recycle facilities, including maintenance and consignment business. Real estate rental business manufactures multistory parking equipment and offers operating services and real estate rental services.

Kyokuto Kaihatsu Kogyo Co (TSE:7226) Headlines

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