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Fuyo General Lease Co (FRA:FXL) Equity-to-Asset : 0.13 (As of Mar. 2024)


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What is Fuyo General Lease Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fuyo General Lease Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €2,653 Mil. Fuyo General Lease Co's Total Assets for the quarter that ended in Mar. 2024 was €20,819 Mil. Therefore, Fuyo General Lease Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.13.

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

FRA:FXL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.1   Max: 0.13
Current: 0.13

During the past 13 years, the highest Equity to Asset Ratio of Fuyo General Lease Co was 0.13. The lowest was 0.10. And the median was 0.10.

FRA:FXL's Equity-to-Asset is ranked worse than
89.99% of 1089 companies
in the Business Services industry
Industry Median: 0.5 vs FRA:FXL: 0.13

Fuyo General Lease Co Equity-to-Asset Historical Data

The historical data trend for Fuyo General Lease 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.

Fuyo General Lease Co Equity-to-Asset Chart

Fuyo General Lease Co 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 0.10 0.10 0.11 0.12 0.13

Fuyo General Lease Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.12 0.12 0.13 0.13 -

Competitive Comparison of Fuyo General Lease Co's Equity-to-Asset

For the Rental & Leasing Services subindustry, Fuyo General Lease 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.


Fuyo General Lease Co's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Fuyo General Lease Co's Equity-to-Asset distribution charts can be found below:

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



Fuyo General Lease 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.

Fuyo General Lease Co'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
=2652.575/20819.165
=0.13

Fuyo General Lease Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=2652.575/20819.165
=0.13

* 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.


Fuyo General Lease Co  (FRA:FXL) 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%.


Fuyo General Lease Co Equity-to-Asset Related Terms

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Fuyo General Lease Co Business Description

Traded in Other Exchanges
Address
Nichirei Building, 3-3-23, Misaki-cho, Chiyoda-ku, Tokyo, JPN, 1018380
Fuyo General Lease Co Ltd is Japanese company which is engaged in leasing and installment transactions for machinery and equipment and financial transactions such as the provision of operating loans. The company focuses on using direct and indirect financing to procure funds for purchasing assets to lease or to sell through installment sales and for providing operating loans to customers. It has three reportable segments namely Lease and Installment Sales segment conducts leasing office equipment, industrial machinery and sells commercial equipment, production facilities, medical devices, and other assets on an installment basis; Loans segment which is engaged in commercial lending; and Other segment which invests in marketable securities.