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Daiwa Securities Group (TSE:8601) Equity-to-Asset : 0.05 (As of Dec. 2023)


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What is Daiwa Securities Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Daiwa Securities Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円1,467,346 Mil. Daiwa Securities Group's Total Assets for the quarter that ended in Dec. 2023 was 円31,734,346 Mil. Therefore, Daiwa Securities Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.05.

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

TSE:8601' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.05   Max: 0.06
Current: 0.05

During the past 13 years, the highest Equity to Asset Ratio of Daiwa Securities Group was 0.06. The lowest was 0.05. And the median was 0.05.

TSE:8601's Equity-to-Asset is ranked worse than
91.68% of 805 companies
in the Capital Markets industry
Industry Median: 0.5 vs TSE:8601: 0.05

Daiwa Securities Group Equity-to-Asset Historical Data

The historical data trend for Daiwa Securities Group'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.

Daiwa Securities Group Equity-to-Asset Chart

Daiwa Securities Group 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 0.05 0.05 0.05 0.05 0.05

Daiwa Securities Group 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 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of Daiwa Securities Group's Equity-to-Asset

For the Capital Markets subindustry, Daiwa Securities Group'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.


Daiwa Securities Group's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Daiwa Securities Group's Equity-to-Asset distribution charts can be found below:

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



Daiwa Securities Group 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.

Daiwa Securities Group'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
=1529141/32027299
=0.05

Daiwa Securities Group'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
=1467346/31734346
=0.05

* 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.


Daiwa Securities Group  (TSE:8601) 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%.


Daiwa Securities Group Equity-to-Asset Related Terms

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


Daiwa Securities Group (TSE:8601) Business Description

Address
GranTokyo North Tower, 9-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-6751
Together with industry leader Nomura, Daiwa Securities is one of two large independent securities firms in Japan. Like Nomura, it competes with brokerage units of the megabanks and smaller independent firms in Japan, but unlike Nomura it does not have aspiration to compete globally with the major U.S. and European investment banks and focuses on Japan-related business only. Daiwa moved its global wholesale business to a joint venture with Sumitomo Bank in 1999, but the venture met only mixed success and Daiwa ultimately bought out Sumitomo Mitsui Financial Group's 40% interest in the venture in 2009 after SMFG opportunistically purchased Nikko Securities (now SMBC Nikko, a rival of Daiwa) from Citigroup.

Daiwa Securities Group (TSE:8601) Headlines

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