Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Osaka Gas Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $11,056 Mil. Osaka Gas Co's Total Assets for the quarter that ended in Dec. 2023 was $21,450 Mil.
Therefore, Osaka Gas Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.
The historical rank and industry rank for Osaka Gas Co's Equity-to-Asset or its related term are showing as below:
OSGSY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.5 Max: 0.53
Current: 0.52
During the past 13 years, the highest Equity to Asset Ratio of Osaka Gas Co was 0.53. The lowest was 0.43. And the median was 0.50.
OSGSY's Equity-to-Asset is ranked better than 74.86% of 521
companies
in the Utilities - Regulated industry
Industry Median: 0.38
vs OSGSY: 0.52
Osaka Gas Co Equity-to-Asset Historical Data
The historical data trend for Osaka Gas 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.
Competitive Comparison of Osaka Gas Co's Equity-to-Asset
For the Utilities - Regulated Gas subindustry, Osaka Gas 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.
Osaka Gas Co's Equity-to-Asset Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Osaka Gas Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Osaka Gas Co's Equity-to-Asset falls into.
Osaka Gas 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.
Osaka Gas Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Osaka Gas Co (OTCPK:OSGSY) 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%.
Osaka Gas Co Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Osaka Gas Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Osaka Gas Co Ltd is a Japanese utility company involved in the production and supply of natural gas and electricity. Osaka Gas segments its operations into: Gas; LPG, Electricity, and Other Energy; International Energy; and Life and Business Solutions units. The company's total revenue generation is mainly split between its Gas and LPG, Electricity, and Other Energy divisions. The Gas business produces, supplies, and markets city gas to mostly industrial and residential customers in the Kansai region of Japan. Osaka Gas' LPG, Electricity, and Other Energy business generates and sells electricity and liquefied petroleum gas to consumers both inside and outside Japan. To do this, the company operates an international portfolio of natural gas-fired thermal, solar, and wind power plants.
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