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Higashinihon Jisho Co (TSE:139A) Equity-to-Asset : 0.32 (As of Aug. 2022)


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What is Higashinihon Jisho Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Higashinihon Jisho Co's Total Stockholders Equity for the quarter that ended in Aug. 2022 was 円431 Mil. Higashinihon Jisho Co's Total Assets for the quarter that ended in Aug. 2022 was 円1,344 Mil.

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

TSE:139A' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.35   Max: 0.38
Current: 0.38

During the past 2 years, the highest Equity to Asset Ratio of Higashinihon Jisho Co was 0.38. The lowest was 0.32. And the median was 0.35.

TSE:139A's Equity-to-Asset is not ranked
in the Real Estate industry.
Industry Median: 0.44 vs TSE:139A: 0.38

Higashinihon Jisho Co Equity-to-Asset Historical Data

The historical data trend for Higashinihon Jisho 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.

Higashinihon Jisho Co Equity-to-Asset Chart

Higashinihon Jisho Co Annual Data
Trend Aug22 Aug23
Equity-to-Asset
0.32 0.38

Higashinihon Jisho Co Quarterly Data
Aug22 Aug23
Equity-to-Asset 0.32 0.38

Competitive Comparison of Higashinihon Jisho Co's Equity-to-Asset

For the Real Estate Services subindustry, Higashinihon Jisho 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.


Higashinihon Jisho Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Higashinihon Jisho Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Higashinihon Jisho Co's Equity-to-Asset falls into.



Higashinihon Jisho 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.

Higashinihon Jisho Co's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=640.921/1680.252
=0.38

Higashinihon Jisho Co's Equity to Asset Ratio for the quarter that ended in Aug. 2022 is calculated as

Equity to Asset (Q: Aug. 2022 )=Total Stockholders Equity/Total Assets
=431.132/1343.692
=

* 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.


Higashinihon Jisho Co  (TSE:139A) 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%.


Higashinihon Jisho Co Equity-to-Asset Related Terms

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Higashinihon Jisho Co (TSE:139A) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
7-2 Shintoshin, Chuo-ku, Saitama, Saitama-shi, JPN, 330-0081
Higashinihon Jisho Co Ltd is engaged in construction business for detached rental house, Transaction business of real estate (brokerage or purchase and sales), etc.

Higashinihon Jisho Co (TSE:139A) Headlines

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