GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tokyo Electric Power Co Holdings (OTCPK:TKECY) » Definitions » Equity-to-Asset

Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) Equity-to-Asset : 0.25 (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Tokyo Electric Power Co Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tokyo Electric Power Co Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $24,934 Mil. Tokyo Electric Power Co Holdings's Total Assets for the quarter that ended in Dec. 2023 was $98,312 Mil. Therefore, Tokyo Electric Power Co Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.25.

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

TKECY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.23   Max: 0.26
Current: 0.24

During the past 13 years, the highest Equity to Asset Ratio of Tokyo Electric Power Co Holdings was 0.26. The lowest was 0.15. And the median was 0.23.

TKECY's Equity-to-Asset is ranked worse than
73.97% of 438 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.39 vs TKECY: 0.24

Tokyo Electric Power Co Holdings Equity-to-Asset Historical Data

The historical data trend for Tokyo Electric Power Co Holdings'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.

Tokyo Electric Power Co Holdings Equity-to-Asset Chart

Tokyo Electric Power Co Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.26 0.25 0.23 0.24

Tokyo Electric Power Co Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial 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 0.23 0.24 0.25 0.25 0.24

Competitive Comparison of Tokyo Electric Power Co Holdings's Equity-to-Asset

For the Utilities - Renewable subindustry, Tokyo Electric Power Co Holdings'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.


Tokyo Electric Power Co Holdings's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tokyo Electric Power Co Holdings's Equity-to-Asset distribution charts can be found below:

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



Tokyo Electric Power Co Holdings 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.

Tokyo Electric Power Co Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=23436.763/97421.014
=0.24

Tokyo Electric Power Co Holdings'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
=24934.384/98311.519
=0.25

* 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.


Tokyo Electric Power Co Holdings  (OTCPK:TKECY) 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%.


Tokyo Electric Power Co Holdings Equity-to-Asset Related Terms

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


Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) Business Description

Traded in Other Exchanges
Address
1-3, Uchisaiwai-cho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8560
Tokyo Electric Power Co Holdings, or TEPCO, is a holding company that, through its subsidiaries, supplies electric power to Tokyo's metropolitan area in Japan. TEPCO segments its business operations through subsidiaries that, manage fuel and thermal power generation, power transmission and distribution, and retail electricity sales. To produce electricity, the company controls a portfolio of hydroelectric, thermal, and nuclear power plants. TEPCO's thermal facilities, which utilize oil, natural gas, and coal fuel sources, account for the vast majority of its energy production. Almost all of Tokyo Electric Power's revenue is derived from the sale of electricity to primarily retail customers. The company serves the energy needs of a substantial portion of Japan's population.

Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) Headlines

From GuruFocus