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Japan Airport Terminal Co (TSE:9706) Equity-to-Asset : 0.35 (As of Dec. 2023)


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What is Japan Airport Terminal Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Japan Airport Terminal Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円161,155 Mil. Japan Airport Terminal Co's Total Assets for the quarter that ended in Dec. 2023 was 円457,263 Mil. Therefore, Japan Airport Terminal Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.35.

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

TSE:9706' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.35   Max: 0.59
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Japan Airport Terminal Co was 0.59. The lowest was 0.28. And the median was 0.35.

TSE:9706's Equity-to-Asset is ranked worse than
67.55% of 980 companies
in the Transportation industry
Industry Median: 0.49 vs TSE:9706: 0.35

Japan Airport Terminal Co Equity-to-Asset Historical Data

The historical data trend for Japan Airport Terminal 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.

Japan Airport Terminal Co Equity-to-Asset Chart

Japan Airport Terminal 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 0.34 0.31 0.34 0.33 0.34

Japan Airport Terminal 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 0.33 0.34 0.34 0.35 0.35

Competitive Comparison of Japan Airport Terminal Co's Equity-to-Asset

For the Airports & Air Services subindustry, Japan Airport Terminal 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.


Japan Airport Terminal Co's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Japan Airport Terminal Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Japan Airport Terminal Co's Equity-to-Asset falls into.



Japan Airport Terminal 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.

Japan Airport Terminal 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
=150287/446955
=0.34

Japan Airport Terminal 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
=161155/457263
=0.35

* 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.


Japan Airport Terminal Co  (TSE:9706) 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%.


Japan Airport Terminal Co Equity-to-Asset Related Terms

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Japan Airport Terminal Co (TSE:9706) Business Description

Traded in Other Exchanges
Address
3-2, Haneda Airport 3-Chome, Ohta-ku, Tokyo, JPN, 144-0041
Japan Airport Terminal Co Ltd is a Japanese airport operations company. It is principally involved in the management and operation of Haneda airport terminal building. The company's business consists of three segments, Facilities Management, Merchandise Sales, and Food and Beverage. The segment of facilities management operations leases, maintains and repairs, and operates passenger terminal facilities at Haneda Airport. The segment of merchandise sales operations is engaged in retail sales of products to passengers and others and wholesales of products to companies operating airport terminals and others. The segment of food and beverage operations provides food and beverage services to parties including users of Haneda Airport and Narita International Airport.

Japan Airport Terminal Co (TSE:9706) Headlines

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