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Growth xPartners (TSE:244A) Equity-to-Asset : 0.54 (As of Aug. 2024)


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What is Growth xPartners Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Growth xPartners's Total Stockholders Equity for the quarter that ended in Aug. 2024 was 円1,911 Mil. Growth xPartners's Total Assets for the quarter that ended in Aug. 2024 was 円3,537 Mil. Therefore, Growth xPartners's Equity to Asset Ratio for the quarter that ended in Aug. 2024 was 0.54.

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

TSE:244A' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.49   Max: 0.54
Current: 0.54

During the past 3 years, the highest Equity to Asset Ratio of Growth xPartners was 0.54. The lowest was 0.38. And the median was 0.49.

TSE:244A's Equity-to-Asset is ranked worse than
51.05% of 2846 companies
in the Software industry
Industry Median: 0.55 vs TSE:244A: 0.54

Growth xPartners Equity-to-Asset Historical Data

The historical data trend for Growth xPartners'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.

Growth xPartners Equity-to-Asset Chart

Growth xPartners Annual Data
Trend Aug22 Aug23 Aug24
Equity-to-Asset
0.38 0.49 0.54

Growth xPartners Semi-Annual Data
Aug22 Aug23 Aug24
Equity-to-Asset 0.38 0.49 0.54

Competitive Comparison of Growth xPartners's Equity-to-Asset

For the Information Technology Services subindustry, Growth xPartners'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.


Growth xPartners's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Growth xPartners's Equity-to-Asset distribution charts can be found below:

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


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Growth xPartners 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.

Growth xPartners's Equity to Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

Equity to Asset (A: Aug. 2024 )=Total Stockholders Equity/Total Assets
=1911.354/3536.639
=0.54

Growth xPartners's Equity to Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

Equity to Asset (Q: Aug. 2024 )=Total Stockholders Equity/Total Assets
=1911.354/3536.639
=0.54

* 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.


Growth xPartners  (TSE:244A) 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%.


Growth xPartners Equity-to-Asset Related Terms

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


Growth xPartners Business Description

Traded in Other Exchanges
N/A
Address
1-26-2 Nishi-Shinjuku, Shinjuku Nomura Building 48th floor, Shinjuku-ku, Tokyo, JPN, 163-0548
Growth xPartners Inc is engaged in digital Transformation (DX) consultation and advancement support for enterprises.

Growth xPartners Headlines

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