East Japan Railway Co (East Japan Railway Co) Equity-to-Asset

: 0.28 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. East Japan Railway Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $18,383 Mil. East Japan Railway Co's Total Assets for the quarter that ended in Dec. 2023 was $66,708 Mil. Therefore, East Japan Railway Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.28.

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

EJPRY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26 Med: 0.32 Max: 0.39
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of East Japan Railway Co was 0.39. The lowest was 0.26. And the median was 0.32.

EJPRY's Equity-to-Asset is ranked worse than
76.81% of 979 companies
in the Transportation industry
Industry Median: 0.49 vs EJPRY: 0.28

East Japan Railway Co Equity-to-Asset Historical Data

The historical data trend for East Japan Railway 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.

East Japan Railway Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.37

0.28

0.26

East Japan Railway Co 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															0.26	0.26	0.27	0.27	0.28

Competitive Comparison

For the Railroads subindustry, East Japan Railway 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.

East Japan Railway Co Equity-to-Asset Distribution

For the Transportation industry and Industrials sector, East Japan Railway Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where East Japan Railway Co's Equity-to-Asset falls into.

East Japan Railway 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.

East Japan Railway Co'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
	=	18503.452	/	69965.57
	=	0.26

East Japan Railway Co'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
	=	18383.035	/	66708.341
	=	0.28

East Japan Railway Co (OTCPK:EJPRY) 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%.

East Japan Railway Co Equity-to-Asset Related Terms

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East Japan Railway Co (East Japan Railway Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » East Japan Railway Co (OTCPK:EJPRY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

9020:Japan EJR0:Germany EJR:Germany EJR:Germany

Address

2-2, Yoyogi 2-chome, Shibuya-ku, Tokyo, JPN, 151-8578

Website

http://www.jreast.co.jp

East Japan Railway Company, or JR East, is the largest railway operator in Japan. It was originally established when the government-owned nationwide railway operator underwent a six-way territorial split in 1987, though it wasn't fully privatized until 2002. It runs both long distance bullet trains, known as Shinkansen, and shorter municipal train routes around and from Tokyo. Its 7,400 kilometers of rail track covers half of Japan's population and a third of the country's land area. Two thirds of revenue is from transportation, with most of the rest from retail operations and real estate investments.