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Makita (Makita) Equity-to-Asset

: 0.83 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Makita's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,733 Mil. Makita's Total Assets for the quarter that ended in Dec. 2023 was $6,926 Mil. Therefore, Makita's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.83.

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

MKTAY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.84   Max: 0.86
Current: 0.83

During the past 13 years, the highest Equity to Asset Ratio of Makita was 0.86. The lowest was 0.68. And the median was 0.84.

MKTAY's Equity-to-Asset is ranked better than
89.58% of 3022 companies
in the Industrial Products industry
Industry Median: 0.56 vs MKTAY: 0.83

Makita Equity-to-Asset Historical Data

The historical data trend for Makita'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.

Makita Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.85 0.81 0.74 0.70

Makita 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 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 Premium Member Only Premium Member Only Premium Member Only 0.68 0.70 0.75 0.80 0.83

Competitive Comparison

For the Tools & Accessories subindustry, Makita'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.


Makita Equity-to-Asset Distribution

For the Industrial Products industry and Industrials sector, Makita's Equity-to-Asset distribution charts can be found below:

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



Makita 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.

Makita'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
=5755.067/8224.717
=0.70

Makita'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
=5732.813/6925.89
=0.83

* 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.


Makita  (OTCPK:MKTAY) 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%.


Makita Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Makita's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Makita (Makita) Business Description

Traded in Other Exchanges
Address
3-11-8, Sumiyoshi-cho, Aichi Prefecture, Anjo, JPN, 446-8502
Makita manufactures and sells professional-grade power tools, outdoor power equipment, and other tools, such as lithium-ion battery-powered drills, impact drivers, lawn mowers, chainsaws, and hedge trimmers. The company was founded in 1915 as an electric motor sales and repair company in Nagoya, Japan, and later became a power tools manufacturer, since marketing its first portable electrical planer in Japan in 1958. While the company has local production bases in key regions globally, above 60% of its product volume is manufactured in China. Its headquarters is currently in Anjo, Japan.

Makita (Makita) Headlines

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