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Taiyo Kagaku CoNGO:2902 75 Equity-to-Asset is 0.82 as of Mar. 2026, which is 5% above its 10-year median of 0.78. GuruFocus rates NGO:2902 with a GF Score™ of 75/100 and a GF Value™ of 円1,855.33 (Significantly Overvalued). Among 1,624 Chemicals companies, Taiyo Kagaku Co ranks better than 82.2% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Taiyo Kagaku Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円55,239 Mil. Taiyo Kagaku Co's Total Assets for the quarter that ended in Mar. 2026 was 円69,600 Mil.
Therefore, Taiyo Kagaku Co's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.82.
The historical rank and industry rank for Taiyo Kagaku Co's Equity-to-Asset or its related term are showing as below:
NGO:2902'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.76 Med: 0.78 Max: 0.81
Current: 0.8
During the past 13 years, the highest Equity to Asset Ratio of Taiyo Kagaku Co was 0.81. The lowest was 0.76. And the median was 0.78.
NGO:2902's Equity-to-Asset is ranked better than 82.2% of 1624
companies
in the Chemicals industry
Industry Median: 0.6
vs NGO:2902: 0.80
Taiyo Kagaku Co (NGO:2902) 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%.
Taiyo Kagaku Co Equity-to-Asset Related Terms
Taiyo Kagaku Co Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Taiyo Kagaku 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.
NGO:2902 vs LIN, SHW, ECL: Equity-to-Asset Comparison
For the Specialty Chemicals subindustry, Taiyo Kagaku 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.
Taiyo Kagaku Co Equity-to-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Taiyo Kagaku Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Taiyo Kagaku Co'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.
Taiyo Kagaku Co'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.
Taiyo Kagaku Co (NGO:2902) has a Equity-to-Asset of 0.82 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Taiyo Kagaku Co and its competitors. This is near median its historical median of 0.78. Over the past decade, Taiyo Kagaku Co's Equity-to-Asset has ranged from 0.76 to 0.81. According to the industry distribution chart, Taiyo Kagaku Co ranks #289 out of 1624 companies in the Chemicals industry, placing it in the top 17.8%.
Is Taiyo Kagaku Co's Equity-to-Asset too high?
Taiyo Kagaku Co's current Equity-to-Asset of 0.82 is near median its 10-year median of 0.78. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 0.81. The Chemicals industry median Equity-to-Asset is 0.60. Taiyo Kagaku Co's value of 0.82 is 36.7% above this industry median. Based on the distribution chart, Taiyo Kagaku Co ranks #289 out of 1624 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Taiyo Kagaku Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiyo Kagaku Co's Equity-to-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiyo Kagaku Co ranks #289 out of 1624 companies for Equity-to-Asset. This places Taiyo Kagaku Co in the top 18% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.60. Taiyo Kagaku Co's value of 0.82 is 36.7% above this benchmark. Historically, Taiyo Kagaku Co's own Equity-to-Asset has ranged from 0.76 to 0.81 over the past decade. While the company's 10-year median is 0.78 vs. the industry median of 0.60, Taiyo Kagaku Co 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 Chemicals company?
The median Equity-to-Asset among Chemicals companies is 0.60, based on 1,624 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. Taiyo Kagaku Co's current Equity-to-Asset of 0.82 is 36.7% 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 Taiyo Kagaku Co and its competitors. For the Chemicals industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiyo Kagaku Co's current Equity-to-Asset is 0.82, which is near median its own 10-year median of 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiyo Kagaku Co stock overvalued right now?
Based on GuruFocus' analysis, Taiyo Kagaku Co (NGO:2902) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,855.33, compared to a current price of 円2,740.00 — trading 47.7% above its estimated fair value. The current Equity-to-Asset is 0.82, which is near median its 10-year median of 0.78 and 36.7% above the Chemicals industry median of 0.60. Taiyo Kagaku Co's overall GF Score™ is 75/100. 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 Taiyo Kagaku Co (NGO:2902), the current Equity-to-Asset is 0.82 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 Taiyo Kagaku Co (NGO:2902) Overvalued in 2026?
Based on GuruFocus' analysis, Taiyo Kagaku Co stock appears to be overvalued.
The current stock price of 円2,740.00 is trading 47.7% above its estimated GF Value™ of 円1,855.33.
GuruFocus considers Taiyo Kagaku Co to be Significantly Overvalued.
Key valuation signals for NGO:2902:
Equity-to-Asset: 0.82 (near median its 10-year median of 0.78)
GF Value™: 円1,855.33 vs. price of 円2,740.00 (47.7% above fair value)
Industry Position: 36.7% above the Chemicals median (#289 of 1624)
No single metric tells the full story. See the NGO:2902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiyo Kagaku Co Ltd is based in Japan. The company has three reportable segments: the Nutrition Business, the Interface Solutions Business, and the Natural Ingredients Business. The Nutrition Business manufactures and sells functional food ingredients such as catechin (green tea extract), theanine (a functional amino acid), and water-soluble dietary fiber, as well as mineral and vitamin preparations. The Interface Solutions Business manufactures and sells quality improvers such as emulsifiers. The Natural Ingredients Business manufactures and sells food ingredients such as egg products, protein ingredients, ingredients for instant foods, and processed agricultural products, as well as quality improvers and stabilizers.
75GF Score
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