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Yuken Kogyo Co (TSE:6393) Equity-to-Asset : 0.52 (As of Dec. 2023)


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What is Yuken Kogyo Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yuken Kogyo Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円21,908 Mil. Yuken Kogyo Co's Total Assets for the quarter that ended in Dec. 2023 was 円42,457 Mil. Therefore, Yuken Kogyo Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.

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

TSE:6393' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.45   Max: 0.53
Current: 0.52

During the past 13 years, the highest Equity to Asset Ratio of Yuken Kogyo Co was 0.53. The lowest was 0.37. And the median was 0.45.

TSE:6393's Equity-to-Asset is ranked worse than
56.33% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSE:6393: 0.52

Yuken Kogyo Co Equity-to-Asset Historical Data

The historical data trend for Yuken Kogyo 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.

Yuken Kogyo Co Equity-to-Asset Chart

Yuken Kogyo 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 0.45 0.47 0.48 0.48 0.53

Yuken Kogyo 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 0.51 0.53 0.49 0.51 0.52

Competitive Comparison of Yuken Kogyo Co's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Yuken Kogyo 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.


Yuken Kogyo Co's Equity-to-Asset Distribution in the Industrial Products Industry

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

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



Yuken Kogyo 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.

Yuken Kogyo 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
=21450.016/40797.64
=0.53

Yuken Kogyo 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
=21908.104/42457.353
=0.52

* 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.


Yuken Kogyo Co  (TSE:6393) 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%.


Yuken Kogyo Co Equity-to-Asset Related Terms

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Yuken Kogyo Co (TSE:6393) Business Description

Traded in Other Exchanges
N/A
Address
4-4-34,Kamitsuchidana - Naka, Kanagawa Prefecture, Ayase, JPN, 252-1113
Yuken Kogyo Co Ltd is a Japan-based company. It is mainly engaged in the manufacture and sale of hydraulic products and environmental products. It operates in three business divisions including Hydraulic Equipment business, Hydraulic System business, and, Environmental Machinery business. Products offered by Yuken Kogyo include hydraulic pumps, hydraulic motors, proportional electro-hydraulic controls, pressure control valves, flow control valves, directional control valves modular valves, garbage compactor, and separators. It offers hydraulic systems for industrial machine, marine use, special hydraulic power units, and various standard power packs. The company has overseas sales network in China, Asia, America, Europe, and Africa.

Yuken Kogyo Co (TSE:6393) Headlines

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