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HIDAY HIDAKA (TSE:7611) Equity-to-Asset : 0.76 (As of Feb. 2024)


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What is HIDAY HIDAKA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HIDAY HIDAKA's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円25,114 Mil. HIDAY HIDAKA's Total Assets for the quarter that ended in Feb. 2024 was 円33,265 Mil. Therefore, HIDAY HIDAKA's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.76.

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

TSE:7611' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.73   Med: 0.79   Max: 0.85
Current: 0.76

During the past 13 years, the highest Equity to Asset Ratio of HIDAY HIDAKA was 0.85. The lowest was 0.73. And the median was 0.79.

TSE:7611's Equity-to-Asset is ranked better than
94.83% of 348 companies
in the Restaurants industry
Industry Median: 0.37 vs TSE:7611: 0.76

HIDAY HIDAKA Equity-to-Asset Historical Data

The historical data trend for HIDAY HIDAKA'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.

HIDAY HIDAKA Equity-to-Asset Chart

HIDAY HIDAKA Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.85 0.82 0.79 0.76

HIDAY HIDAKA Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.79 0.78 0.77 0.76 0.76

Competitive Comparison of HIDAY HIDAKA's Equity-to-Asset

For the Restaurants subindustry, HIDAY HIDAKA'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.


HIDAY HIDAKA's Equity-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, HIDAY HIDAKA's Equity-to-Asset distribution charts can be found below:

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



HIDAY HIDAKA 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.

HIDAY HIDAKA's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Equity to Asset (A: Feb. 2024 )=Total Stockholders Equity/Total Assets
=25113.983/33264.645
=0.75

HIDAY HIDAKA'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
=25113.983/33264.645
=0.75

* 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.


HIDAY HIDAKA  (TSE:7611) 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%.


HIDAY HIDAKA Equity-to-Asset Related Terms

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HIDAY HIDAKA (TSE:7611) Business Description

Traded in Other Exchanges
N/A
Address
Building 6F, Saitama, JPN, 3-105
HIDAY HIDAKA Corp Is a Japan-based company principally engaged in the business of restaurant chains operation. It operates through its chain of Hidaka restaurants. The company through its stores in metropolitan areas, offers food menu which includes dishes like gyozo, ramen, Chinese rice, stir-fry dishes such as Mabo Tofu, dumplings and Chinese Donburu and other Chinese dishes. Ramen is the signboard menu of the company which is used along with soup, noodles, sliced chowder, Tonkotsu and chicken stock. Customers of the company range from students to businesspeople, late-shift workers, and seniors.

HIDAY HIDAKA (TSE:7611) Headlines

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