GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » World Holdings Co Ltd (TSE:2429) » Definitions » Equity-to-Asset

World Holdings Co (TSE:2429) Equity-to-Asset : 0.25 (As of Jun. 2024)


View and export this data going back to 2005. Start your Free Trial

What is World Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. World Holdings Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was 円40,482 Mil. World Holdings Co's Total Assets for the quarter that ended in Jun. 2024 was 円162,647 Mil. Therefore, World Holdings Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.25.

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

TSE:2429' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.25   Max: 0.36
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of World Holdings Co was 0.36. The lowest was 0.16. And the median was 0.25.

TSE:2429's Equity-to-Asset is ranked worse than
82.69% of 1080 companies
in the Business Services industry
Industry Median: 0.51 vs TSE:2429: 0.25

World Holdings Co Equity-to-Asset Historical Data

The historical data trend for World Holdings 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.

World Holdings Co Equity-to-Asset Chart

World Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.36 0.33 0.29 0.25

World Holdings Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.26 0.25 0.25 0.24 0.25

Competitive Comparison of World Holdings Co's Equity-to-Asset

For the Staffing & Employment Services subindustry, World Holdings 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.


World Holdings Co's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, World Holdings Co's Equity-to-Asset distribution charts can be found below:

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



World Holdings 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.

World Holdings Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=40317/159204
=0.25

World Holdings Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=40482/162647
=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.


World Holdings Co  (TSE:2429) 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%.


World Holdings Co Equity-to-Asset Related Terms

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


World Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
Hakata Station 2-1-1, Fukuoka Asahi Building, 6th Floor, Fukuoka, JPN, 802-0077
World Holdings Co Ltd is a Japan based company engaged in the human resource and education business, real estate business and information communication business. In the human resource and education business, the company offers contract and temporary placement services and management skills for manufacturing and contracting business to other companies. The real estate business area of the company comprises detached housing sales business, residential condominium sale business, property business, building management business and brokerage business.

World Holdings Co Headlines

No Headlines