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Marumae Co (TSE:6264) Equity-to-Asset : 0.65 (As of Feb. 2024)


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What is Marumae Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Marumae Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円7,168 Mil. Marumae Co's Total Assets for the quarter that ended in Feb. 2024 was 円10,965 Mil. Therefore, Marumae Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.65.

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

TSE:6264' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.6   Max: 0.67
Current: 0.65

During the past 13 years, the highest Equity to Asset Ratio of Marumae Co was 0.67. The lowest was 0.17. And the median was 0.60.

TSE:6264's Equity-to-Asset is ranked better than
66.13% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSE:6264: 0.65

Marumae Co Equity-to-Asset Historical Data

The historical data trend for Marumae Co'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.

Marumae Co Equity-to-Asset Chart

Marumae Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.64 0.65 0.58 0.64

Marumae Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.60 0.62 0.64 0.64 0.65

Competitive Comparison of Marumae Co's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Marumae Co'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.


Marumae Co's Equity-to-Asset Distribution in the Industrial Products Industry

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

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



Marumae Co 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.

Marumae Co's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=7473.759/11612.024
=0.64

Marumae Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=7168.349/10964.883
=0.65

* 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.


Marumae Co  (TSE:6264) 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%.


Marumae Co Equity-to-Asset Related Terms

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Marumae Co (TSE:6264) Business Description

Traded in Other Exchanges
N/A
Address
3816 No. 41 Okubo-cho, Izumi City, Kagoshima, JPN, 899-0401
Marumae Co Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the designing, manufacturing, and processing of precision machinery and precision equipment. It offers liquid crystal manufacturing and semiconductor manufacturing equipment, industrial and medical machinery and equipment. It is also engaged in the development and sale of software, real estate leasing, and transportation business.

Marumae Co (TSE:6264) Headlines

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