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Sony Group (Sony Group) Equity-to-Asset

: 0.22 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sony Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $50,758 Mil. Sony Group's Total Assets for the quarter that ended in Dec. 2023 was $233,666 Mil. Therefore, Sony Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.22.

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

SNEJF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.18   Max: 0.25
Current: 0.22

During the past 13 years, the highest Equity to Asset Ratio of Sony Group was 0.25. The lowest was 0.14. And the median was 0.18.

SNEJF's Equity-to-Asset is ranked worse than
91.1% of 2482 companies
in the Hardware industry
Industry Median: 0.57 vs SNEJF: 0.22

Sony Group Equity-to-Asset Historical Data

The historical data trend for Sony Group'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.

Sony Group 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 0.18 0.20 0.24 0.23 0.23

Sony Group 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 0.21 0.23 0.21 0.22 0.22

Competitive Comparison

For the Consumer Electronics subindustry, Sony Group'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.


Sony Group Equity-to-Asset Distribution

For the Hardware industry and Technology sector, Sony Group's Equity-to-Asset distribution charts can be found below:

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



Sony Group 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.

Sony Group'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
=54088.556/239714.135
=0.23

Sony Group'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
=50757.667/233666.304
=0.22

* 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.


Sony Group  (OTCPK:SNEJF) 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%.


Sony Group Equity-to-Asset Related Terms

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


Sony Group (Sony Group) Business Description

Address
7-1, Konan 1-Chome, Minato-ku, Tokyo, JPN, 108-0075
Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.