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Taisei Oncho Co (Taisei Oncho Co) Equity-to-Asset : 0.60 (As of Dec. 2023)


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What is Taisei Oncho Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Taisei Oncho Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $185.6 Mil. Taisei Oncho Co's Total Assets for the quarter that ended in Dec. 2023 was $311.3 Mil. Therefore, Taisei Oncho Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.60.

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

TSOCF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.56   Max: 0.68
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Taisei Oncho Co was 0.68. The lowest was 0.44. And the median was 0.56.

TSOCF's Equity-to-Asset is ranked better than
72.64% of 1685 companies
in the Construction industry
Industry Median: 0.44 vs TSOCF: 0.60

Taisei Oncho Co Equity-to-Asset Historical Data

The historical data trend for Taisei Oncho 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.

Taisei Oncho Co Equity-to-Asset Chart

Taisei Oncho 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 0.51 0.52 0.60 0.61 0.61

Taisei Oncho 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 0.65 0.61 0.58 0.59 0.60

Competitive Comparison of Taisei Oncho Co's Equity-to-Asset

For the Building Products & Equipment subindustry, Taisei Oncho 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.


Taisei Oncho Co's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Taisei Oncho Co's Equity-to-Asset distribution charts can be found below:

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



Taisei Oncho 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.

Taisei Oncho 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
=188.953/308.055
=0.61

Taisei Oncho 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
=185.635/311.316
=0.60

* 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.


Taisei Oncho Co  (OTCPK:TSOCF) 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%.


Taisei Oncho Co Equity-to-Asset Related Terms

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Taisei Oncho Co (Taisei Oncho Co) Business Description

Traded in Other Exchanges
Address
1-47-1 Oi, Shinagawa-ku, Tokyo, JPN, 140 8515
Taisei Oncho Co., Ltd. is engaged in designing and installation of air-conditioning & plumbing works. It offers its services to high-rise buildings, hospitals, hotels, shopping centers, general-purpose buildings & also offers related refurbishment & maintenance services. It also provides maintenance contract and after-sales services.

Taisei Oncho Co (Taisei Oncho Co) Headlines

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