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Park24 Co (FRA:3WN) Equity-to-Asset : 0.21 (As of Jan. 2024)


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What is Park24 Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Park24 Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was €395 Mil. Park24 Co's Total Assets for the quarter that ended in Jan. 2024 was €1,905 Mil. Therefore, Park24 Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.21.

The historical rank and industry rank for Park24 Co's Equity-to-Asset or its related term are showing as below:

FRA:3WN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.3   Max: 0.48
Current: 0.21

During the past 13 years, the highest Equity to Asset Ratio of Park24 Co was 0.48. The lowest was 0.05. And the median was 0.30.

FRA:3WN's Equity-to-Asset is ranked worse than
83.38% of 1685 companies
in the Construction industry
Industry Median: 0.44 vs FRA:3WN: 0.21

Park24 Co Equity-to-Asset Historical Data

The historical data trend for Park24 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.

Park24 Co Equity-to-Asset Chart

Park24 Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.11 0.05 0.13 0.19

Park24 Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.15 0.16 0.19 0.19 0.21

Competitive Comparison of Park24 Co's Equity-to-Asset

For the Infrastructure Operations subindustry, Park24 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.


Park24 Co's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Park24 Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Park24 Co's Equity-to-Asset falls into.



Park24 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.

Park24 Co's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=369.802/1950.787
=0.19

Park24 Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=394.523/1905.335
=0.21

* 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.


Park24 Co  (FRA:3WN) 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%.


Park24 Co Equity-to-Asset Related Terms

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Park24 Co (FRA:3WN) Business Description

Traded in Other Exchanges
Address
2-20-4 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-8924
Park24 Co Ltd is a Japanese operator of parking facilities. The company is organised into two segments: parking business Japan, Parking Business International and mobility business. The parking business, which contributes the majority of revenue, operates fully-automated parking facilities and related services. The Parking business in international segment provides Parking facility management in overseas. The mobility business car rental services through the Times Car RENTAL brand, car sharing services through the Times Car PLUS brand, and related services. While Park 24 operates in Japan, Taiwan, and South Korea, the company earns the majority of revenue domestically.

Park24 Co (FRA:3WN) Headlines

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