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Accordia Golf Co (Accordia Golf Co) Equity-to-Asset : 0.35 (As of Dec. 2016)


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What is Accordia Golf Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Accordia Golf Co's Total Stockholders Equity for the quarter that ended in Dec. 2016 was $449.2 Mil. Accordia Golf Co's Total Assets for the quarter that ended in Dec. 2016 was $1,287.9 Mil. Therefore, Accordia Golf Co's Equity to Asset Ratio for the quarter that ended in Dec. 2016 was 0.35.

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

ACGFY's Equity-to-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.465
* Ranked among companies with meaningful Equity-to-Asset only.

Accordia Golf Co Equity-to-Asset Historical Data

The historical data trend for Accordia Golf 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.

Accordia Golf Co Equity-to-Asset Chart

Accordia Golf Co Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.35 0.35 0.30 0.33

Accordia Golf Co Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.33 0.33 0.32 0.33 0.35

Competitive Comparison of Accordia Golf Co's Equity-to-Asset

For the Leisure subindustry, Accordia Golf 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.


Accordia Golf Co's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Accordia Golf Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Accordia Golf Co's Equity-to-Asset falls into.



Accordia Golf 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.

Accordia Golf Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2016 is calculated as

Equity to Asset (A: Mar. 2016 )=Total Stockholders Equity/Total Assets
=442.072/1346.427
=0.33

Accordia Golf Co's Equity to Asset Ratio for the quarter that ended in Dec. 2016 is calculated as

Equity to Asset (Q: Dec. 2016 )=Total Stockholders Equity/Total Assets
=449.224/1287.871
=0.35

* 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.


Accordia Golf Co  (OTCPK:ACGFY) 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%.


Accordia Golf Co Equity-to-Asset Related Terms

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Accordia Golf Co (Accordia Golf Co) Business Description

Traded in Other Exchanges
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Address
Accordia Golf Co Ltd is a Japan-based company primarily involved in the golf business. It owns, operates, and manages golf courses and golf practice ranges in Japan. The activity of golf courses is primarily operated in metropolitan areas and regional urban centers under the Accordia Golf brand name. In addition, the group is also engaged in the operation of restaurants and hotels. It derives revenue from the playing fees, membership fees, sale of golf equipment and rest through the restaurants and hotels activities.

Accordia Golf Co (Accordia Golf Co) Headlines

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