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Morimatsu International Holdings Co (FRA:1S5) Equity-to-Asset : 0.49 (As of Dec. 2023)


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What is Morimatsu International Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Morimatsu International Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €562.8 Mil. Morimatsu International Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was €1,147.1 Mil. Therefore, Morimatsu International Holdings Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

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

FRA:1S5' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.35   Max: 0.51
Current: 0.49

During the past 7 years, the highest Equity to Asset Ratio of Morimatsu International Holdings Co was 0.51. The lowest was 0.22. And the median was 0.35.

FRA:1S5's Equity-to-Asset is ranked worse than
61.37% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs FRA:1S5: 0.49

Morimatsu International Holdings Co Equity-to-Asset Historical Data

The historical data trend for Morimatsu International Holdings 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.

Morimatsu International Holdings Co Equity-to-Asset Chart

Morimatsu International Holdings Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.22 0.33 0.35 0.35 0.49

Morimatsu International Holdings Co Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.35 0.36 0.35 0.44 0.49

Competitive Comparison of Morimatsu International Holdings Co's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Morimatsu International Holdings 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.


Morimatsu International Holdings Co's Equity-to-Asset Distribution in the Industrial Products Industry

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

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



Morimatsu International Holdings 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.

Morimatsu International Holdings 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
=562.834/1147.127
=0.49

Morimatsu International Holdings 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
=562.834/1147.127
=0.49

* 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.


Morimatsu International Holdings Co  (FRA:1S5) 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%.


Morimatsu International Holdings Co Equity-to-Asset Related Terms

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Morimatsu International Holdings Co (FRA:1S5) Business Description

Traded in Other Exchanges
Address
No. 29 Jinwen Road, Pudong New District, Zhuqiao Town, Shanghai, CHN, 201323
Morimatsu International Holdings Co Ltd is a pressure equipment manufacturer and comprehensive pressure equipment solution provider in China. It offers traditional pressure equipment, modular pressure equipment, and pressure equipment-related value-added services. Geographically, the group has a presence in China, North America, Asia, Europe, Africa, and others, from which the majority of revenue derives from China.

Morimatsu International Holdings Co (FRA:1S5) Headlines

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