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Eiken Industries Co (TSE:7265) Equity-to-Asset : 0.79 (As of Jan. 2024)


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What is Eiken Industries Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eiken Industries Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円5,639 Mil. Eiken Industries Co's Total Assets for the quarter that ended in Jan. 2024 was 円7,171 Mil. Therefore, Eiken Industries Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.79.

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

TSE:7265' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.71   Med: 0.76   Max: 0.8
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of Eiken Industries Co was 0.80. The lowest was 0.71. And the median was 0.76.

TSE:7265's Equity-to-Asset is ranked better than
84.48% of 3029 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSE:7265: 0.79

Eiken Industries Co Equity-to-Asset Historical Data

The historical data trend for Eiken Industries 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.

Eiken Industries Co Equity-to-Asset Chart

Eiken Industries Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.78 0.77 0.80 0.80

Eiken Industries Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.78 0.77 0.80 0.80 0.79

Competitive Comparison of Eiken Industries Co's Equity-to-Asset

For the Pollution & Treatment Controls subindustry, Eiken Industries 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.


Eiken Industries Co's Equity-to-Asset Distribution in the Industrial Products Industry

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

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



Eiken Industries 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.

Eiken Industries Co's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=5692.368/7078.974
=0.80

Eiken Industries Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=5638.739/7171.068
=0.79

* 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.


Eiken Industries Co  (TSE:7265) 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%.


Eiken Industries Co Equity-to-Asset Related Terms

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Eiken Industries Co (TSE:7265) Business Description

Traded in Other Exchanges
N/A
Address
1370 Kadoya, Omaezaki-shi, Shizuoka, JPN, 437-1698
Eiken Industries Co Ltd is a Japan based company filtration equipment manufacturer. It is engaged in manufacturing filers for internal combustion engines and special filters for industrial use. The products offered by the company include oil filter, air filter, fuel filter, cabin filter and burners.

Eiken Industries Co (TSE:7265) Headlines

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