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Kyushu Electric Power Co (TSE:9508) Equity-to-Asset : 0.16 (As of Dec. 2023)


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What is Kyushu Electric Power Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kyushu Electric Power Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円897,097 Mil. Kyushu Electric Power Co's Total Assets for the quarter that ended in Dec. 2023 was 円5,711,947 Mil. Therefore, Kyushu Electric Power Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.16.

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

TSE:9508' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.12   Max: 0.16
Current: 0.16

During the past 13 years, the highest Equity to Asset Ratio of Kyushu Electric Power Co was 0.16. The lowest was 0.09. And the median was 0.12.

TSE:9508's Equity-to-Asset is ranked worse than
86.46% of 443 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.4 vs TSE:9508: 0.16

Kyushu Electric Power Co Equity-to-Asset Historical Data

The historical data trend for Kyushu Electric Power 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.

Kyushu Electric Power Co Equity-to-Asset Chart

Kyushu Electric Power Co 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 0.12 0.13 0.12 0.10 0.16

Kyushu Electric Power Co 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 0.10 0.12 0.15 0.16 0.16

Competitive Comparison of Kyushu Electric Power Co's Equity-to-Asset

For the Utilities - Independent Power Producers subindustry, Kyushu Electric Power 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.


Kyushu Electric Power Co's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kyushu Electric Power Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kyushu Electric Power Co's Equity-to-Asset falls into.



Kyushu Electric Power 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.

Kyushu Electric Power Co'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
=890528/5727240
=0.16

Kyushu Electric Power 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
=897097/5711947
=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.


Kyushu Electric Power Co  (TSE:9508) 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%.


Kyushu Electric Power Co Equity-to-Asset Related Terms

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Kyushu Electric Power Co (TSE:9508) Business Description

Traded in Other Exchanges
Address
1-82, Watanabe-dori 2-chome, Chuo-ku, Fukuoka, JPN, 810-8720
Kyushu Electric Power Co Inc supplies electricity services to Kyushu, Japan. Additionally, it operates across various smaller islands within the jurisdiction of Kyushu's prefectural government. Nuclear power generates most of the company's electricity, although it also generates electricity from hydroelectric power, geothermal, coal, oil, and natural gas. The firm owns the largest geothermal power facility in Japan. The company's segments include domestic electric power, other energy services, information and communication service, and others, which consists of a real estate business and nursing home business. The power generation segment accounts for most of the firm's revenue and is further split into the electricity energy segment.

Kyushu Electric Power Co (TSE:9508) Headlines

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