Kirin Holdings Co (Kirin Holdings Co) Equity-to-Asset

: 0.40 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kirin Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,866 Mil. Kirin Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was $19,930 Mil. Therefore, Kirin Holdings Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.40.

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

KNBWY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.37 Max: 0.4
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Kirin Holdings Co was 0.40. The lowest was 0.27. And the median was 0.37.

KNBWY's Equity-to-Asset is ranked worse than
67.13% of 216 companies
in the Beverages - Alcoholic industry
Industry Median: 0.5 vs KNBWY: 0.40

Kirin Holdings Co Equity-to-Asset Historical Data

The historical data trend for Kirin Holdings 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.

Kirin Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.38

0.34

0.36

0.39

0.40

Kirin Holdings 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																0.39	0.39	0.41	0.38	0.40

Competitive Comparison

For the Beverages - Brewers subindustry, Kirin Holdings 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.

Kirin Holdings Co Equity-to-Asset Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kirin Holdings Co's Equity-to-Asset distribution charts can be found below:

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

Kirin Holdings 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.

Kirin Holdings Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	7866.156	/	19930.234
	=	0.39

Kirin Holdings 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
	=	7866.156	/	19930.234
	=	0.39

Kirin Holdings Co (OTCPK:KNBWY) 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%.

Kirin Holdings Co Equity-to-Asset Related Terms

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Kirin Holdings Co (Kirin Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Kirin Holdings Co Ltd (OTCPK:KNBWY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

KNBWF:USA 2503:Japan KIR:Germany

Address

Nakano Central Park South, 10-2, Nakano 4-chome, Nakano-ku, Tokyo, JPN, 164-0001

Website

http://www.kirinholdings.co.jp

Kirin is the second largest brewer by value in Japan, with an estimated 35.7% volume share in beer and beer-like category as of 2022. It holds a top share in happoshu (low-malt beer) and new genre (no-malt beer) categories. Apart from beer, it also operates a wide range of acholic and soft beverage products in Japan. It made several acquisitions including Lion Nathan and National Foods in Oceania, the Brazilian brewer Schincariol, and Myanmar Brewery, but has divested most of the acquired businesses except Lion. It has shifted focus back to the domestic brewery after a painful exit from Brazil in 2017 and identified craft beer and wellness as new growth drivers. Overseas business represents about 40% of group's sales. It also owns a 48.6% stake in the largest Filipino brewer San Miguel.

Kirin Holdings Co (Kirin Holdings Co) Headlines

From GuruFocus

Kirin Holdings Co Ltd's Dividend Analysis

By GuruFocus Research • 12-29-2023