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Bit-isle (TSE:3811) Equity-to-Asset : 0.32 (As of Jul. 2015)


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What is Bit-isle Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bit-isle's Total Stockholders Equity for the quarter that ended in Jul. 2015 was 円13,545 Mil. Bit-isle's Total Assets for the quarter that ended in Jul. 2015 was 円41,973 Mil. Therefore, Bit-isle's Equity to Asset Ratio for the quarter that ended in Jul. 2015 was 0.32.

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

TSE:3811' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.31   Max: 0.35
Current: 0.32

During the past 8 years, the highest Equity to Asset Ratio of Bit-isle was 0.35. The lowest was 0.23. And the median was 0.31.

TSE:3811's Equity-to-Asset is not ranked
in the Hardware industry.
Industry Median: 0.57 vs TSE:3811: 0.32

Bit-isle Equity-to-Asset Historical Data

The historical data trend for Bit-isle'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.

Bit-isle Equity-to-Asset Chart

Bit-isle Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15
Equity-to-Asset
Get a 7-Day Free Trial 0.26 0.30 0.35 0.33 0.32

Bit-isle Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
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 0.32 0.32 0.33 0.32

Competitive Comparison of Bit-isle's Equity-to-Asset

For the Communication Equipment subindustry, Bit-isle'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.


Bit-isle's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Bit-isle's Equity-to-Asset distribution charts can be found below:

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



Bit-isle 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.

Bit-isle's Equity to Asset Ratio for the fiscal year that ended in Jul. 2015 is calculated as

Equity to Asset (A: Jul. 2015 )=Total Stockholders Equity/Total Assets
=13545/41973
=0.32

Bit-isle's Equity to Asset Ratio for the quarter that ended in Jul. 2015 is calculated as

Equity to Asset (Q: Jul. 2015 )=Total Stockholders Equity/Total Assets
=13545/41973
=0.32

* 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.


Bit-isle  (TSE:3811) 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%.


Bit-isle Equity-to-Asset Related Terms

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


Bit-isle (TSE:3811) Business Description

Traded in Other Exchanges
N/A
Address
Bit-isle Inc is engaged in the data center business, eveloping a comprehensive business IT outsourcing services to the axis 3 iDC services, managed services and solutions services.

Bit-isle (TSE:3811) Headlines

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