Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kurita Water Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,191 Mil. Kurita Water Industries's Total Assets for the quarter that ended in Dec. 2023 was $3,679 Mil.
Therefore, Kurita Water Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.60.
The historical rank and industry rank for Kurita Water Industries's Equity-to-Asset or its related term are showing as below:
KTWIF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57 Med: 0.68 Max: 0.8
Current: 0.6
During the past 13 years, the highest Equity to Asset Ratio of Kurita Water Industries was 0.80. The lowest was 0.57. And the median was 0.68.
KTWIF's Equity-to-Asset is ranked better than 57.77% of 3024
companies
in the Industrial Products industry
Industry Median: 0.56
vs KTWIF: 0.60
Kurita Water Industries Equity-to-Asset Historical Data
The historical data trend for Kurita Water Industries'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.
For the Pollution & Treatment Controls subindustry, Kurita Water Industries'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.
Kurita Water Industries Equity-to-Asset Distribution
For the Industrial Products industry and Industrials sector, Kurita Water Industries's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Kurita Water Industries's Equity-to-Asset falls into.
Kurita Water Industries 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.
Kurita Water Industries'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.
Kurita Water Industries (OTCPK:KTWIF) 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%.
Kurita Water Industries Equity-to-Asset Related Terms
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Kurita Water Industries (Kurita Water Industries) Business Description
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments, The Water Treatment Chemical segment, and The Water Treatment Equipment segment. The Water Treatment Chemical segment sells water treatment-related chemicals, for air conditioning, petroleum refining, pulp and paper processing-related applications. The Water Treatment Equipment segment manufactures and sells water production systems, drinking water treatment equipment, water and wastewater treatment equipment for various industries. Additionally, the segment is also responsible for supplying ultrapure water, the provision of maintenance service and the operation of water treatment facilities.
Kurita Water Industries (Kurita Water Industries) Headlines
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