Resona Holdings (TSE:8308) Equity-to-Asset : 0.04 (As of Dec. 2023)

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What is Resona Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Resona Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円2,632,721 Mil. Resona Holdings's Total Assets for the quarter that ended in Dec. 2023 was 円74,134,556 Mil. Therefore, Resona Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.04.

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

TSE:8308' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.05
Current: 0.04

During the past 13 years, the highest Equity to Asset Ratio of Resona Holdings was 0.05. The lowest was 0.03. And the median was 0.04.

TSE:8308's Equity-to-Asset is ranked worse than
94.55% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs TSE:8308: 0.04

Resona Holdings Equity-to-Asset Historical Data

The historical data trend for Resona Holdings'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.

Resona Holdings Equity-to-Asset Chart

Resona Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.04

0.03

Resona Holdings 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															0.03	0.03	0.04	0.04	0.04

Competitive Comparison of Resona Holdings's Equity-to-Asset

For the Banks - Regional subindustry, Resona Holdings'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.

Resona Holdings's Equity-to-Asset Distribution in the Banks Industry

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

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

Resona Holdings 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.

Resona Holdings'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
	=	2516096	/	74812710
	=	0.03

Resona Holdings'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
	=	2632721	/	74134556
	=	0.04

Resona Holdings (TSE:8308) 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%.

Resona Holdings Equity-to-Asset Related Terms

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

Resona Holdings (TSE:8308) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Resona Holdings Inc (TSE:8308) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

RSNHF:USA DW1:Germany

Address

Fukagawa Gatharia ?2 Building, 5-65, Kiba 1-Chome, Koto-ku, Tokyo, JPN, 135-8582

Website

http://www.resona-gr.co.jp

Resona Holdings is one of the top six Japanese banking groups by assets. Although its banking units are categorized in Japan as "city" banks for historical reasons, it is only around a third of the size of the three megabank groups and effectively a super-regional bank operating mainly in the Kansai region (54% of its branches) and the Tokyo metropolitan area (43% of branches), with a strong focus on retail and small and medium-size enterprises, rather than lending to large corporates. Its overseas operations are limited, which allows it to operate in compliance with domestic capital standards alone.

Resona Holdings (TSE:8308) Headlines

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