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Aiful (TSE:8515) Equity-to-Asset : 0.16 (As of Mar. 2024)


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What is Aiful Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aiful's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円197,909 Mil. Aiful's Total Assets for the quarter that ended in Mar. 2024 was 円1,266,374 Mil. Therefore, Aiful's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.16.

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

TSE:8515' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.17   Max: 0.27
Current: 0.16

During the past 13 years, the highest Equity to Asset Ratio of Aiful was 0.27. The lowest was 0.15. And the median was 0.17.

TSE:8515's Equity-to-Asset is ranked worse than
76.24% of 543 companies
in the Credit Services industry
Industry Median: 0.37 vs TSE:8515: 0.16

Aiful Equity-to-Asset Historical Data

The historical data trend for Aiful'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.

Aiful Equity-to-Asset Chart

Aiful 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 0.15 0.17 0.16 0.16 0.16

Aiful 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 0.16 0.16 0.16 0.16 0.16

Competitive Comparison of Aiful's Equity-to-Asset

For the Credit Services subindustry, Aiful'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.


Aiful's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Aiful's Equity-to-Asset distribution charts can be found below:

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



Aiful 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.

Aiful'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
=197909/1266374
=0.16

Aiful's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=197909/1266374
=0.16

* 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.


Aiful  (TSE:8515) 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%.


Aiful Equity-to-Asset Related Terms

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


Aiful (TSE:8515) Business Description

Traded in Other Exchanges
Address
381-1, Takasago-cho Gojo-Agaru, Karasuma-Dori, Shimogyo-ku, Kyoto, JPN, 600-8420
Aiful Corp provides consumer financing and consumer credit services exclusively in Japan. The company operates and reports results through four segments: its loan business, its credit card business, and its credit guarantee business, as well as its other segment. The company generates nearly all of its revenue through interest and its largest contributor to revenue is its loan business. The vast majority of the company's loans on its books are unsecured. Other loans include mortgages and small-business loans. The company handles its credit guarantee services in tie-ups with commercial banks.

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