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West Holdings (TSE:1407) Equity-to-Asset : 0.25 (As of Feb. 2024)


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What is West Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. West Holdings's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円31,087 Mil. West Holdings's Total Assets for the quarter that ended in Feb. 2024 was 円123,602 Mil. Therefore, West Holdings's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.25.

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

TSE:1407' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.24   Max: 0.27
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of West Holdings was 0.27. The lowest was 0.20. And the median was 0.24.

TSE:1407's Equity-to-Asset is ranked worse than
75.51% of 441 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.4 vs TSE:1407: 0.25

West Holdings Equity-to-Asset Historical Data

The historical data trend for West Holdings'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.

West Holdings Equity-to-Asset Chart

West Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.25 0.26 0.27 0.25

West Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.25 0.25 0.25 0.24 0.25

Competitive Comparison of West Holdings's Equity-to-Asset

For the Utilities - Renewable subindustry, West Holdings'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.


West Holdings's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, West Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where West Holdings's Equity-to-Asset falls into.



West Holdings 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.

West Holdings'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
=31385/123802
=0.25

West Holdings's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=31087/123602
=0.25

* 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.


West Holdings  (TSE:1407) 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%.


West Holdings Equity-to-Asset Related Terms

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


West Holdings (TSE:1407) Business Description

Traded in Other Exchanges
N/A
Address
3-20-2 Nishi-Shinjuku, Tokyo Opera City Building 32 Floor, Shinjuku-ku, Tokyo, JPN, 163-1432
West Holdings Corp is engaged in the solar power generation. The company generates solar power for municipalities, residential and industrial use. Its business activities are divided into different divisions including Stadtberg business, Solar power generation for municipalities, special high-pressure solar power generation, Industrial solar power generation, Residential solar power generation, O & M (operation and management), Sales of electricity and Esco Business. Stadtberg division provides consulting and operation support for infrastructure services centered on renewable energy. O & M division monitors the photovoltaic power plant and maintains the maximum amount of power generation. Its Esco division provides various energy-saving measures.

West Holdings (TSE:1407) Headlines

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