GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kura Sushi Asia Co Ltd (ROCO:2754) » Definitions » Equity-to-Asset

Kura Sushi Asia Co (ROCO:2754) Equity-to-Asset : 0.33 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Kura Sushi Asia Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kura Sushi Asia Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$1,737 Mil. Kura Sushi Asia Co's Total Assets for the quarter that ended in Mar. 2024 was NT$5,295 Mil. Therefore, Kura Sushi Asia Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.33.

The historical rank and industry rank for Kura Sushi Asia Co's Equity-to-Asset or its related term are showing as below:

ROCO:2754' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.36   Max: 0.63
Current: 0.33

During the past 8 years, the highest Equity to Asset Ratio of Kura Sushi Asia Co was 0.63. The lowest was 0.31. And the median was 0.36.

ROCO:2754's Equity-to-Asset is ranked worse than
54.6% of 348 companies
in the Restaurants industry
Industry Median: 0.37 vs ROCO:2754: 0.33

Kura Sushi Asia Co Equity-to-Asset Historical Data

The historical data trend for Kura Sushi Asia 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.

Kura Sushi Asia Co Equity-to-Asset Chart

Kura Sushi Asia Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.42 0.41 0.32 0.34 0.31

Kura Sushi Asia Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.35 0.33 0.33 0.31 0.33

Competitive Comparison of Kura Sushi Asia Co's Equity-to-Asset

For the Restaurants subindustry, Kura Sushi Asia 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.


Kura Sushi Asia Co's Equity-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Kura Sushi Asia Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kura Sushi Asia Co's Equity-to-Asset falls into.



Kura Sushi Asia 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.

Kura Sushi Asia 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
=1638.18/5213.383
=0.31

Kura Sushi Asia 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
=1736.549/5295.233
=0.33

* 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.


Kura Sushi Asia Co  (ROCO:2754) 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%.


Kura Sushi Asia Co Equity-to-Asset Related Terms

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


Kura Sushi Asia Co (ROCO:2754) Business Description

Traded in Other Exchanges
N/A
Address
Zhongshan North Road, 6F.&6F-1, Number 32, Section 3, Zhongshan District, Taipei, TWN, 104
Kura Sushi Asia Co Ltd is a Taiwan-based company engaged in the operation of restaurants. The dishes offered in these restaurants include Sushi, Warship, Hand Roll, Roll, Side Meal, Dessert, and Drinks.

Kura Sushi Asia Co (ROCO:2754) Headlines

No Headlines