Tokai Tokyo Financial Holdings (TSE:8616) Equity-to-Asset : 0.13 (As of Dec. 2023)

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What is Tokai Tokyo Financial Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tokai Tokyo Financial Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円173,279 Mil. Tokai Tokyo Financial Holdings's Total Assets for the quarter that ended in Dec. 2023 was 円1,325,667 Mil. Therefore, Tokai Tokyo Financial Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.13.

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

TSE:8616' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.15 Max: 0.34
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of Tokai Tokyo Financial Holdings was 0.34. The lowest was 0.11. And the median was 0.15.

TSE:8616's Equity-to-Asset is ranked worse than
83.75% of 806 companies
in the Capital Markets industry
Industry Median: 0.5 vs TSE:8616: 0.13

Tokai Tokyo Financial Holdings Equity-to-Asset Historical Data

The historical data trend for Tokai Tokyo Financial 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.

Tokai Tokyo Financial Holdings Equity-to-Asset Chart

Tokai Tokyo Financial Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

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0.14

0.12

0.11

0.16

0.13

Tokai Tokyo Financial Holdings 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															0.16	0.14	0.13	0.13	0.13

Competitive Comparison of Tokai Tokyo Financial Holdings's Equity-to-Asset

For the Capital Markets subindustry, Tokai Tokyo Financial 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.

Tokai Tokyo Financial Holdings's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tokai Tokyo Financial Holdings's Equity-to-Asset distribution charts can be found below:

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

Tokai Tokyo Financial 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.

Tokai Tokyo Financial Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	180270	/	1400360
	=	0.13

Tokai Tokyo Financial 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
	=	173279	/	1325667
	=	0.13

Tokai Tokyo Financial Holdings (TSE:8616) 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%.

Tokai Tokyo Financial Holdings Equity-to-Asset Related Terms

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

Tokai Tokyo Financial Holdings (TSE:8616) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Tokai Tokyo Financial Holdings Inc (TSE:8616) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

TO91:Germany

Address

6-2, Nihonbashi 3-chome, Chuo-ku, Tokyo, JPN, 103-0027

Website

http://www.tokaitokyo-fh.jp

Tokai Tokyo Financial Holdings Inc. is the holding company of the Tokai Tokyo Financial Group. It operates and manages the group's companies. Tokai Tokyo Financial Group consists primarily of companies in Japan, but a few are in overseas markets. Tokyo Securities is the operating nucleus of the group and manages financial instruments businesses, fund management, back-office services, and research. For the overall group, operations are divided into trading activities and commissions. Tokai's commissions are gained through brokerage services and underwriting and distribution.

Tokai Tokyo Financial Holdings (TSE:8616) Headlines

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