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Yokohama Rubber Co (Yokohama Rubber Co) Equity-to-Asset : 0.46 (As of Dec. 2023)


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What is Yokohama Rubber Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yokohama Rubber Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,137 Mil. Yokohama Rubber Co's Total Assets for the quarter that ended in Dec. 2023 was $11,116 Mil. Therefore, Yokohama Rubber Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.46.

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

YORUF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.46   Max: 0.53
Current: 0.46

During the past 13 years, the highest Equity to Asset Ratio of Yokohama Rubber Co was 0.53. The lowest was 0.38. And the median was 0.46.

YORUF's Equity-to-Asset is ranked worse than
50.57% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs YORUF: 0.46

Yokohama Rubber Co Equity-to-Asset Historical Data

The historical data trend for Yokohama Rubber 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.

Yokohama Rubber Co Equity-to-Asset Chart

Yokohama Rubber Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.48 0.53 0.53 0.46

Yokohama Rubber Co 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 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 0.53 0.53 0.44 0.45 0.46

Competitive Comparison of Yokohama Rubber Co's Equity-to-Asset

For the Auto Parts subindustry, Yokohama Rubber 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.


Yokohama Rubber Co's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yokohama Rubber Co's Equity-to-Asset distribution charts can be found below:

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



Yokohama Rubber 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.

Yokohama Rubber Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=5136.528/11115.72
=0.46

Yokohama Rubber Co'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
=5136.528/11115.72
=0.46

* 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.


Yokohama Rubber Co  (OTCPK:YORUF) 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%.


Yokohama Rubber Co Equity-to-Asset Related Terms

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Yokohama Rubber Co (Yokohama Rubber Co) Business Description

Traded in Other Exchanges
Address
36-11, Shimbashi 5-chome, Minato-ku, Tokyo, JPN, 105-8685
Yokohama Rubber Co Ltd makes and sells rubber tires, wheels, and other components in two primary segments based on product type: The tires segment, which generates the majority of revenue, sells rubber tires and wheels for automobiles under the Yokohama and Advan brand names; the multiple businesses segment sells hose and couplings, conveyor belts, marine hoses, pneumatic genders, sealants and adhesives, aerospace components, and electronic materials. The majority of revenue comes from Japan.

Yokohama Rubber Co (Yokohama Rubber Co) Headlines

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