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Ginza Yamagataya Co (TSE:8215) Equity-to-Asset : 0.59 (As of Dec. 2023)


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What is Ginza Yamagataya Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ginza Yamagataya Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円2,249 Mil. Ginza Yamagataya Co's Total Assets for the quarter that ended in Dec. 2023 was 円3,848 Mil. Therefore, Ginza Yamagataya Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.59.

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

TSE:8215' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48   Med: 0.61   Max: 0.65
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Ginza Yamagataya Co was 0.65. The lowest was 0.48. And the median was 0.61.

TSE:8215's Equity-to-Asset is ranked better than
60.5% of 1081 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs TSE:8215: 0.59

Ginza Yamagataya Co Equity-to-Asset Historical Data

The historical data trend for Ginza Yamagataya 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.

Ginza Yamagataya Co Equity-to-Asset Chart

Ginza Yamagataya 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 0.62 0.60 0.52 0.51 0.53

Ginza Yamagataya 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 0.50 0.53 0.57 0.59 0.59

Competitive Comparison of Ginza Yamagataya Co's Equity-to-Asset

For the Apparel Manufacturing subindustry, Ginza Yamagataya 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.


Ginza Yamagataya Co's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ginza Yamagataya Co's Equity-to-Asset distribution charts can be found below:

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



Ginza Yamagataya 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.

Ginza Yamagataya 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
=2215.967/4220.93
=0.52

Ginza Yamagataya 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
=2249.021/3847.667
=0.58

* 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.


Ginza Yamagataya Co  (TSE:8215) 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%.


Ginza Yamagataya Co Equity-to-Asset Related Terms

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Ginza Yamagataya Co (TSE:8215) Business Description

Traded in Other Exchanges
N/A
Address
Tokyo Minato-chome No. 4 No. 1, TOMAC Building, 5th Floor, Yubinbango, Tokyo, JPN, 104 0043
Ginza Yamagataya Co Ltd is a Japan based company, through its subsidiaries, is engaged in the retail of men's and women's apparel business as well as sale of shoes, bags, apparel accessories, clothing accessories, and clothing fabrics.

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