GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Chiikishinbunsha Co Ltd (TSE:2164) » Definitions » Equity-to-Asset

Chiikishinbunsha Co (TSE:2164) Equity-to-Asset : 0.15 (As of Feb. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Chiikishinbunsha Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chiikishinbunsha Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円175 Mil. Chiikishinbunsha Co's Total Assets for the quarter that ended in Feb. 2024 was 円1,168 Mil. Therefore, Chiikishinbunsha Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.15.

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

TSE:2164' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.28   Max: 0.59
Current: 0.15

During the past 13 years, the highest Equity to Asset Ratio of Chiikishinbunsha Co was 0.59. The lowest was 0.04. And the median was 0.28.

TSE:2164's Equity-to-Asset is ranked worse than
83.89% of 1055 companies
in the Media - Diversified industry
Industry Median: 0.52 vs TSE:2164: 0.15

Chiikishinbunsha Co Equity-to-Asset Historical Data

The historical data trend for Chiikishinbunsha 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.

Chiikishinbunsha Co Equity-to-Asset Chart

Chiikishinbunsha Co 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 0.30 0.09 0.06 0.14 0.14

Chiikishinbunsha Co 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 0.10 0.12 0.14 0.14 0.15

Competitive Comparison of Chiikishinbunsha Co's Equity-to-Asset

For the Publishing subindustry, Chiikishinbunsha 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.


Chiikishinbunsha Co's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Chiikishinbunsha Co's Equity-to-Asset distribution charts can be found below:

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



Chiikishinbunsha 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.

Chiikishinbunsha 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
=154.253/1109.187
=0.14

Chiikishinbunsha Co'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
=174.595/1167.55
=0.15

* 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.


Chiikishinbunsha Co  (TSE:2164) 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%.


Chiikishinbunsha Co Equity-to-Asset Related Terms

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


Chiikishinbunsha Co (TSE:2164) Business Description

Traded in Other Exchanges
N/A
Address
1-1-1 Sakaimachi, Asahi Life Funabashi Sakaimachi Building 5th Floor, Chiba Prefecture, Funabashi, JPN, 273-0011
Chiikishinbunsha Co Ltd is engaged in publishing a local newspaper. It provides design and production of various types of printed matter; distribution business of various promotional products; collection, processing, and sale of various kinds of information; and business related to solicitation of life insurance and non-life insurance.

Chiikishinbunsha Co (TSE:2164) Headlines

No Headlines