GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » MEDIROM Healthcare Technologies Inc (NAS:MRM) » Definitions » Equity-to-Asset

MEDIROM Healthcare Technologies (MEDIROM Healthcare Technologies) Equity-to-Asset : 0.03 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is MEDIROM Healthcare Technologies Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MEDIROM Healthcare Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1.47 Mil. MEDIROM Healthcare Technologies's Total Assets for the quarter that ended in Dec. 2023 was $47.57 Mil. Therefore, MEDIROM Healthcare Technologies's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.03.

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

MRM' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.04   Med: 0.01   Max: 0.13
Current: 0.03

During the past 6 years, the highest Equity to Asset Ratio of MEDIROM Healthcare Technologies was 0.13. The lowest was -0.04. And the median was 0.01.

MRM's Equity-to-Asset is ranked worse than
88.07% of 109 companies
in the Personal Services industry
Industry Median: 0.38 vs MRM: 0.03

MEDIROM Healthcare Technologies Equity-to-Asset Historical Data

The historical data trend for MEDIROM Healthcare Technologies'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.

MEDIROM Healthcare Technologies Equity-to-Asset Chart

MEDIROM Healthcare Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.13 0.09 -0.04 -0.01 0.03

MEDIROM Healthcare Technologies Semi-Annual Data
Dec18 Jun19 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 -0.04 -0.07 -0.01 -0.07 0.03

Competitive Comparison of MEDIROM Healthcare Technologies's Equity-to-Asset

For the Personal Services subindustry, MEDIROM Healthcare Technologies'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.


MEDIROM Healthcare Technologies's Equity-to-Asset Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, MEDIROM Healthcare Technologies's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where MEDIROM Healthcare Technologies's Equity-to-Asset falls into.



MEDIROM Healthcare Technologies 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.

MEDIROM Healthcare Technologies'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
=1.465/47.57
=0.03

MEDIROM Healthcare Technologies'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
=1.465/47.57
=0.03

* 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.


MEDIROM Healthcare Technologies  (NAS:MRM) 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%.


MEDIROM Healthcare Technologies Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of MEDIROM Healthcare Technologies's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


MEDIROM Healthcare Technologies (MEDIROM Healthcare Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2-3-1 Daiba, Minato-ku, 16th Floor Tradepia Odaiba, Tokyo, JPN, 135-0091
MEDIROM Healthcare Technologies Inc provides health services. The company is a franchiser and operator of healthcare salons and operates in segments namely Relaxation Salon, Digital Preventative Healthcare, and Luxury Beauty Segment. The company generates a majority of its revenue from the Relaxation Salon business segment. Geographically, the company generates a maximum share of its revenue from Japan.