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Toyota Industries (Toyota Industries) Equity-to-Asset

: 0.52 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Toyota Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $33,466 Mil. Toyota Industries's Total Assets for the quarter that ended in Dec. 2023 was $64,216 Mil. Therefore, Toyota Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.

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

TYIDY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.49   Max: 0.52
Current: 0.52

During the past 13 years, the highest Equity to Asset Ratio of Toyota Industries was 0.52. The lowest was 0.46. And the median was 0.49.

TYIDY's Equity-to-Asset is ranked better than
59.81% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.47 vs TYIDY: 0.52

Toyota Industries Equity-to-Asset Historical Data

The historical data trend for Toyota 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.

* Premium members only.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.47 [6] => 0.46 [7] => 0.50 [8] => 0.52 [9] => 0.49 )
Toyota Industries 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 0.47 0.46 0.50 0.52 0.49

Toyota Industries 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 0.49 0.49 0.51 0.52 0.52

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Toyota 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.


Toyota Industries Equity-to-Asset Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Toyota Industries's Equity-to-Asset distribution charts can be found below:

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



Toyota 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.

Toyota Industries'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
=28709.356/58513.642
=0.49

Toyota Industries'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
=33465.64/64215.576
=0.52

* 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.


Toyota Industries  (OTCPK:TYIDY) 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%.


Toyota Industries Equity-to-Asset Related Terms

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


Toyota Industries (Toyota Industries) Business Description

Traded in Other Exchanges
Address
2-1, Toyoda-cho, Kariya-shi, Aichi, JPN, 448-8671
Toyota Industries Corp is primarily engaged in manufacturing and sale of automobiles, industrial vehicles, and textile machinery, as well as logistics business. The company manufactures and sells automobiles, engines, foundry pieces and electronic equipment. It also provides forklift trucks, warehouse equipment, automatic warehouse, vehicles for high-place work. In addition, it also engaged in the land transportation service, collection, and delivery service. The business of the group is primarily functioned through Japan and its amplifying internationally. Toyota derives most of the income through the sale of products and recycled waste products.

Toyota Industries (Toyota Industries) Headlines

From GuruFocus

Toyota Industries Leads in High-Tech Automotive and Forklifts

By Holmes Osborne, CFA Holmes Osborne, CFA 05-09-2017