Rakuten Bank (TSE:5838) Equity-to-Asset : 0.02 (As of Dec. 2023)

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What is Rakuten Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rakuten Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円251,916 Mil. Rakuten Bank's Total Assets for the quarter that ended in Dec. 2023 was 円13,173,078 Mil. Therefore, Rakuten Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.02.

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

TSE:5838' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 0.03
Current: 0.02

During the past 4 years, the highest Equity to Asset Ratio of Rakuten Bank was 0.03. The lowest was 0.02. And the median was 0.02.

TSE:5838's Equity-to-Asset is ranked worse than
98.7% of 1463 companies
in the Banks industry
Industry Median: 0.09 vs TSE:5838: 0.02

Rakuten Bank Equity-to-Asset Historical Data

The historical data trend for Rakuten Bank'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.

Rakuten Bank Equity-to-Asset Chart

Rakuten Bank Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

0.03

0.02

Rakuten Bank Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial			0.02	0.02	0.02	0.02	0.02

Competitive Comparison of Rakuten Bank's Equity-to-Asset

For the Banks - Regional subindustry, Rakuten Bank'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.

Rakuten Bank's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Rakuten Bank's Equity-to-Asset distribution charts can be found below:

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

Rakuten Bank 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.

Rakuten Bank'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
	=	260692	/	13480473
	=	0.02

Rakuten Bank'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
	=	251916	/	13173078
	=	0.02

Rakuten Bank (TSE:5838) 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%.

Rakuten Bank Equity-to-Asset Related Terms

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Rakuten Bank (TSE:5838) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Rakuten Bank Ltd (TSE:5838) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-16-5 Konan Minato-ku, NBF Shinagawa Tower, Tokyo, JPN, 108-0075

Website

https://www.rakuten-bank.co.jp

Rakuten Bank Ltd is engaged in the banking business through electronic medium.

Rakuten Bank (TSE:5838) Headlines

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