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The 77 Bank (TSE:8341) Equity-to-Asset : 0.05 (As of Dec. 2023)


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What is The 77 Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The 77 Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円552,562 Mil. The 77 Bank's Total Assets for the quarter that ended in Dec. 2023 was 円10,256,758 Mil. Therefore, The 77 Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.05.

The historical rank and industry rank for The 77 Bank's Equity-to-Asset or its related term are showing as below:

TSE:8341' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.05   Max: 0.06
Current: 0.05

During the past 13 years, the highest Equity to Asset Ratio of The 77 Bank was 0.06. The lowest was 0.05. And the median was 0.05.

TSE:8341's Equity-to-Asset is ranked worse than
89.43% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs TSE:8341: 0.05

The 77 Bank Equity-to-Asset Historical Data

The historical data trend for The 77 Bank'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.

The 77 Bank Equity-to-Asset Chart

The 77 Bank 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 0.06 0.05 0.05 0.05 0.05

The 77 Bank 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 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of The 77 Bank's Equity-to-Asset

For the Banks - Regional subindustry, The 77 Bank'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.


The 77 Bank's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The 77 Bank's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where The 77 Bank's Equity-to-Asset falls into.



The 77 Bank 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.

The 77 Bank'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
=504487/10200848
=0.05

The 77 Bank'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
=552562/10256758
=0.05

* 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.


The 77 Bank  (TSE:8341) 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%.


The 77 Bank Equity-to-Asset Related Terms

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The 77 Bank (TSE:8341) Business Description

Traded in Other Exchanges
N/A
Address
3-20, Chuo 3-chome, Aoba-ku, Miyagi, Sendai, JPN, 980-8777
The 77 Bank Ltd operates mostly in the Miyagi prefecture of Japan, which is in the southeast Tohoku region of the island of Honshu, and the bank's strategy emphasizes the prefecture's link between Tohoku and Tokyo. The bank is a group that engages in leasing, credit card, and other financial services in addition to the banking business. Most of the bank's earning assets are almost entirely from loans and bills discounted and investment securities. As such, a majority of the bank's income comes from interest on loans and discounts, and interest and dividends on trading accounts and investment securities.

The 77 Bank (TSE:8341) Headlines

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