GURUFOCUS.COM » STOCK LIST » Industrials » Construction » MEISEI INDUSTRIAL Co Ltd (TSE:1976) » Definitions » Equity-to-Asset

MEISEI INDUSTRIAL Co (TSE:1976) Equity-to-Asset : 0.77 (As of Sep. 2024)


View and export this data going back to 1971. Start your Free Trial

What is MEISEI INDUSTRIAL Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MEISEI INDUSTRIAL Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円65,729 Mil. MEISEI INDUSTRIAL Co's Total Assets for the quarter that ended in Sep. 2024 was 円84,892 Mil.

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

TSE:1976' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65   Med: 0.75   Max: 0.79
Current: 0.77

During the past 13 years, the highest Equity to Asset Ratio of MEISEI INDUSTRIAL Co was 0.79. The lowest was 0.65. And the median was 0.75.

TSE:1976's Equity-to-Asset is ranked better than
90.23% of 1740 companies
in the Construction industry
Industry Median: 0.45 vs TSE:1976: 0.77

MEISEI INDUSTRIAL Co Equity-to-Asset Historical Data

The historical data trend for MEISEI INDUSTRIAL 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.

MEISEI INDUSTRIAL Co Equity-to-Asset Chart

MEISEI INDUSTRIAL Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.78 0.78 0.76 0.75

MEISEI INDUSTRIAL Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.76 0.78 0.77 0.75 0.77

Competitive Comparison of MEISEI INDUSTRIAL Co's Equity-to-Asset

For the Engineering & Construction subindustry, MEISEI INDUSTRIAL 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.


MEISEI INDUSTRIAL Co's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, MEISEI INDUSTRIAL Co's Equity-to-Asset distribution charts can be found below:

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


;
;

MEISEI INDUSTRIAL 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.

MEISEI INDUSTRIAL Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=63387/84432
=0.75

MEISEI INDUSTRIAL Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=65729/84892
=

* 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.


MEISEI INDUSTRIAL Co  (TSE:1976) 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%.


MEISEI INDUSTRIAL Co Equity-to-Asset Related Terms

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


MEISEI INDUSTRIAL Co Business Description

Traded in Other Exchanges
N/A
Address
1-8-5 Kyomachibori, Nishi-ku, Osaka, JPN, 550-0003
MEISEI INDUSTRIAL Co Ltd is principally engaged in the construction works business. The company operates through two segments namely Construction and Boiler. Its Construction segment is involved in manufacturing, sale, and operations related to insulation work, interior decorating and other related activities. The Boiler segment comprises of installation operation related to boiler facilities and industrial machinery. Its geographical area of operations includes Japan, Asia, and other countries.

MEISEI INDUSTRIAL Co Headlines

No Headlines