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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Maruichi Steel Tube's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2,196 Mil. Maruichi Steel Tube's Total Assets for the quarter that ended in Mar. 2026 was $2,662 Mil.
Therefore, Maruichi Steel Tube's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.83.
The historical rank and industry rank for Maruichi Steel Tube's Equity-to-Asset or its related term are showing as below:
MCHIF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.8 Med: 0.81 Max: 0.83
Current: 0.81
During the past 13 years, the highest Equity to Asset Ratio of Maruichi Steel Tube was 0.83. The lowest was 0.80. And the median was 0.81.
MCHIF's Equity-to-Asset is ranked better than 85.31% of 633
companies
in the Steel industry
Industry Median: 0.54
vs MCHIF: 0.81
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%.
Maruichi Steel Tube Equity-to-Asset Related Terms
Maruichi Steel Tube Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Maruichi Steel Tube'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.
MCHIF vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Maruichi Steel Tube'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.
Maruichi Steel Tube Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Maruichi Steel Tube's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Maruichi Steel Tube's Equity-to-Asset falls into.
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.
Maruichi Steel Tube's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Maruichi Steel Tube (MCHIF) has a Equity-to-Asset of 0.83 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Maruichi Steel Tube and its competitors. This is near median its historical median of 0.81. Over the past decade, Maruichi Steel Tube's Equity-to-Asset has ranged from 0.80 to 0.83. According to the industry distribution chart, Maruichi Steel Tube ranks #93 out of 633 companies in the Steel industry, placing it in the top 14.7%.
Is Maruichi Steel Tube's Equity-to-Asset too high?
Maruichi Steel Tube's current Equity-to-Asset of 0.83 is near median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 0.83. The Steel industry median Equity-to-Asset is 0.54. Maruichi Steel Tube's value of 0.83 is 53.7% above this industry median. Based on the distribution chart, Maruichi Steel Tube ranks #93 out of 633 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Maruichi Steel Tube has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Maruichi Steel Tube's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Maruichi Steel Tube ranks #93 out of 633 companies for Equity-to-Asset. This places Maruichi Steel Tube in the top 15% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.54. Maruichi Steel Tube's value of 0.83 is 53.7% above this benchmark. Historically, Maruichi Steel Tube's own Equity-to-Asset has ranged from 0.80 to 0.83 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 0.54, Maruichi Steel Tube has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 633 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maruichi Steel Tube's current Equity-to-Asset of 0.83 is 53.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Maruichi Steel Tube and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruichi Steel Tube's current Equity-to-Asset is 0.83, which is near median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruichi Steel Tube stock overvalued right now?
Maruichi Steel Tube (MCHIF) has a current Equity-to-Asset of 0.83. The stock's GF Value™ is $5.10, compared to a current price of $7.31 — trading 43.3% above its estimated fair value. The current Equity-to-Asset is 0.83, which is near median its 10-year median of 0.81 and 53.7% above the Steel industry median of 0.54. Maruichi Steel Tube's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Maruichi Steel Tube (MCHIF), the current Equity-to-Asset is 0.83 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Maruichi Steel Tube (MCHIF) Overvalued in 2026?
Based on GuruFocus' analysis, Maruichi Steel Tube stock appears to be overvalued.
The current stock price of $7.31 is trading 43.3% above its estimated GF Value™ of $5.10.
Key valuation signals for MCHIF:
Equity-to-Asset: 0.83 (near median its 10-year median of 0.81)
GF Value™: $5.10 vs. price of $7.31 (43.3% above fair value)
Industry Position: 53.7% above the Steel median (#93 of 633)
No single metric tells the full story. See the MCHIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Maruichi Steel Tube Ltd is a Japan-based company that manufactures and sells steel tubes and steel sheet coating. The company's product portfolio includes welded steel tubes, hot-dip galvanized steel sheet, lighting poles, and prepainted steel sheet. Its products are used in architecture, civil engineering, machinery, power generation plants, automobiles, motorcycles, medical equipment, fitness machines, office automation equipment, office and educational furniture, and others.
85GF Score
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