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Tokai Carbon CoTKCBF 67 Equity-to-Asset is 0.47 as of Jun. 2026, which is 2% below its 10-year median of 0.48. GuruFocus rates TKCBF with a GF Score™ of 67/100 and a GF Value™ of $6.51 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,617 Chemicals companies, Tokai Carbon Co ranks worse than 67.78% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tokai Carbon Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $2,000 Mil. Tokai Carbon Co's Total Assets for the quarter that ended in Jun. 2026 was $4,250 Mil.
Therefore, Tokai Carbon Co's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.47.
The historical rank and industry rank for Tokai Carbon Co's Equity-to-Asset or its related term are showing as below:
TKCBF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.48 Max: 0.74
Current: 0.47
During the past 13 years, the highest Equity to Asset Ratio of Tokai Carbon Co was 0.74. The lowest was 0.44. And the median was 0.48.
TKCBF's Equity-to-Asset is ranked worse than 67.78% of 1617
companies
in the Chemicals industry
Industry Median: 0.6
vs TKCBF: 0.47
Tokai Carbon Co (OTCPK:TKCBF) 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%.
Tokai Carbon Co Equity-to-Asset Related Terms
Tokai Carbon Co Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Tokai Carbon 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.
TKCBF vs LIN, SHW, ECL: Equity-to-Asset Comparison
For the Specialty Chemicals subindustry, Tokai Carbon 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.
Tokai Carbon Co Equity-to-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tokai Carbon 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.
Tokai Carbon Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
Tokai Carbon Co (TKCBF) has a Equity-to-Asset of 0.47 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tokai Carbon Co and its competitors. This is near median its historical median of 0.48. Over the past decade, Tokai Carbon Co's Equity-to-Asset has ranged from 0.44 to 0.74. According to the industry distribution chart, Tokai Carbon Co ranks #1096 out of 1617 companies in the Chemicals industry, placing it in the top 67.8%.
Is Tokai Carbon Co's Equity-to-Asset too high?
Tokai Carbon Co's current Equity-to-Asset of 0.47 is near median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.74. The Chemicals industry median Equity-to-Asset is 0.60. Tokai Carbon Co's value of 0.47 is 21.7% below this industry median. Based on the distribution chart, Tokai Carbon Co ranks #1096 out of 1617 companies in the Chemicals industry, which is below the industry midpoint. Overall, Tokai Carbon Co has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Carbon Co's Equity-to-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tokai Carbon Co ranks #1096 out of 1617 companies for Equity-to-Asset. This places Tokai Carbon Co in the lower half of its industry. The industry median Equity-to-Asset is 0.60. Tokai Carbon Co's value of 0.47 is 21.7% below this benchmark. Historically, Tokai Carbon Co's own Equity-to-Asset has ranged from 0.44 to 0.74 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.60, Tokai Carbon Co has consistently been below 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 1,617 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. Tokai Carbon Co's current Equity-to-Asset of 0.47 is 21.7% below 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 Tokai Carbon 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. Tokai Carbon Co's current Equity-to-Asset is 0.47, which is near median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Carbon Co (TKCBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.51, compared to a current price of $9.22 — trading 41.6% above its estimated fair value. The current Equity-to-Asset is 0.47, which is near median its 10-year median of 0.48 and 21.7% below the Chemicals industry median of 0.60. Tokai Carbon Co's overall GF Score™ is 67/100 with 6 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 Tokai Carbon Co (TKCBF), the current Equity-to-Asset is 0.47 as of Jun. 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 Tokai Carbon Co (TKCBF) Overvalued in 2026?
Based on GuruFocus' analysis, Tokai Carbon Co stock appears to be overvalued.
The current stock price of $9.22 is trading 41.6% above its estimated GF Value™ of $6.51.
GuruFocus considers Tokai Carbon Co to be Significantly Overvalued.
Key valuation signals for TKCBF:
Equity-to-Asset: 0.47 (near median its 10-year median of 0.48)
GF Value™: $6.51 vs. price of $9.22 (41.6% above fair value)
Industry Position: 21.7% below the Chemicals median (#1096 of 1617)
No single metric tells the full story. See the TKCBF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.
67GF Score
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