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KIMURA CHEMICAL PLANTS Co (TSE:6378) Equity-to-Asset : 0.53 (As of Dec. 2023)


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What is KIMURA CHEMICAL PLANTS Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. KIMURA CHEMICAL PLANTS Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円16,503 Mil. KIMURA CHEMICAL PLANTS Co's Total Assets for the quarter that ended in Dec. 2023 was 円31,296 Mil. Therefore, KIMURA CHEMICAL PLANTS Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

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

TSE:6378' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.42   Max: 0.54
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of KIMURA CHEMICAL PLANTS Co was 0.54. The lowest was 0.35. And the median was 0.42.

TSE:6378's Equity-to-Asset is ranked worse than
54.24% of 3033 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSE:6378: 0.53

KIMURA CHEMICAL PLANTS Co Equity-to-Asset Historical Data

The historical data trend for KIMURA CHEMICAL PLANTS 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.

KIMURA CHEMICAL PLANTS Co Equity-to-Asset Chart

KIMURA CHEMICAL PLANTS 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 0.41 0.45 0.45 0.50 0.51

KIMURA CHEMICAL PLANTS 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 0.50 0.51 0.52 0.53 0.53

Competitive Comparison of KIMURA CHEMICAL PLANTS Co's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, KIMURA CHEMICAL PLANTS 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.


KIMURA CHEMICAL PLANTS Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, KIMURA CHEMICAL PLANTS Co's Equity-to-Asset distribution charts can be found below:

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



KIMURA CHEMICAL PLANTS 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.

KIMURA CHEMICAL PLANTS 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
=15424/30155
=0.51

KIMURA CHEMICAL PLANTS 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
=16503/31296
=0.53

* 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.


KIMURA CHEMICAL PLANTS Co  (TSE:6378) 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%.


KIMURA CHEMICAL PLANTS Co Equity-to-Asset Related Terms

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


KIMURA CHEMICAL PLANTS Co (TSE:6378) Business Description

Traded in Other Exchanges
N/A
Address
2-1-2, Kuiseterajima, Amagasaki, Hyogo, JPN, 660-8567
KIMURA CHEMICAL PLANTS CO., Ltd. is engaged in the engineering, chemical machinery, and energy and environment businesses in Japan.

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