GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kyowa Electronic Instruments Co Ltd (TSE:6853) » Definitions » Equity-to-Asset

Kyowa Electronic Instruments Co (TSE:6853) Equity-to-Asset : 0.72 (As of Mar. 2024)


View and export this data going back to 1969. Start your Free Trial

What is Kyowa Electronic Instruments Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kyowa Electronic Instruments Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円17,772 Mil. Kyowa Electronic Instruments Co's Total Assets for the quarter that ended in Mar. 2024 was 円24,675 Mil. Therefore, Kyowa Electronic Instruments Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.72.

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

TSE:6853' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.67   Max: 0.72
Current: 0.72

During the past 13 years, the highest Equity to Asset Ratio of Kyowa Electronic Instruments Co was 0.72. The lowest was 0.58. And the median was 0.67.

TSE:6853's Equity-to-Asset is ranked better than
74.38% of 2486 companies
in the Hardware industry
Industry Median: 0.57 vs TSE:6853: 0.72

Kyowa Electronic Instruments Co Equity-to-Asset Historical Data

The historical data trend for Kyowa Electronic Instruments 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.

Kyowa Electronic Instruments Co Equity-to-Asset Chart

Kyowa Electronic Instruments Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.70 0.71 0.70 0.71

Kyowa Electronic Instruments Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.68 0.70 0.68 0.71 0.72

Competitive Comparison of Kyowa Electronic Instruments Co's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, Kyowa Electronic Instruments 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.


Kyowa Electronic Instruments Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kyowa Electronic Instruments Co's Equity-to-Asset distribution charts can be found below:

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



Kyowa Electronic Instruments 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.

Kyowa Electronic Instruments Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=17595.783/24655.883
=0.71

Kyowa Electronic Instruments Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=17771.614/24675.224
=0.72

* 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.


Kyowa Electronic Instruments Co  (TSE:6853) 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%.


Kyowa Electronic Instruments Co Equity-to-Asset Related Terms

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


Kyowa Electronic Instruments Co (TSE:6853) Business Description

Traded in Other Exchanges
N/A
Address
3-5-1, Chofugaoka, Chofu, Tokyo, JPN, 182-8520
Kyowa Electronic Instruments Co Ltd is engaged in the manufacturing and distribution of stress measurement devices in experimental research fields of government offices, corporations, and universities. It is also involved in the manufacturing and distribution of various measurement devices for civil engineering and construction. In addition to product and system development, design and fabrication, the company also offers a comprehensive services from proposals for measurement technology tailored to specific issues to technical support and maintenance. It mainly serves the government and municipal offices, national, public, and private universities, construction industry, textile/ chemical industry, petroleum industry, and rubber industry.

Kyowa Electronic Instruments Co (TSE:6853) Headlines

No Headlines