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Nagase (TSE:8012) Equity-to-Asset : 0.49 (As of Dec. 2023)


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What is Nagase Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nagase's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円388,273 Mil. Nagase's Total Assets for the quarter that ended in Dec. 2023 was 円788,364 Mil. Therefore, Nagase's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

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

TSE:8012' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.52   Max: 0.55
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Nagase was 0.55. The lowest was 0.47. And the median was 0.52.

TSE:8012's Equity-to-Asset is ranked worse than
62.83% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs TSE:8012: 0.50

Nagase Equity-to-Asset Historical Data

The historical data trend for Nagase'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.

Nagase Equity-to-Asset Chart

Nagase Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.52 0.47 0.48 0.50

Nagase Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.48 0.49 0.49 0.50

Competitive Comparison of Nagase's Equity-to-Asset

For the Specialty Chemicals subindustry, Nagase'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.


Nagase's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nagase's Equity-to-Asset distribution charts can be found below:

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



Nagase 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.

Nagase's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=394064/792336
=0.50

Nagase'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
=388273/788364
=0.49

* 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.


Nagase  (TSE:8012) 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%.


Nagase Equity-to-Asset Related Terms

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


Nagase (TSE:8012) Business Description

Traded in Other Exchanges
N/A
Address
5-1, Nihonbashi-Kobunacho, Chuo-ku, Tokyo, JPN, 103-8355
Nagase & Co Ltd manufactures and sells a variety of products including chemicals, electronics, batteries, and personal care products. The firm organizes itself into five segments based on product type. The advanced materials and processing segment, which generates more revenue than any other segment, sells pigments, resins, and other materials used for auto paint, paper, cosmetics, and electronics. The functional materials segment sells a variety of chemicals and plastics. The electronics segment produces semiconductors and liquid crystal display materials. The automotive and energy segment sells automotive components and lithium-ion battery materials. The life and healthcare segment sells food additives, pharmaceuticals, and cosmetics. The majority of revenue comes from Asia.

Nagase (TSE:8012) Headlines

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