GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » HONYAKU Center Inc (TSE:2483) » Definitions » Equity-to-Asset

HONYAKU Center (TSE:2483) Equity-to-Asset : 0.78 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is HONYAKU Center Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HONYAKU Center's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円5,950 Mil. HONYAKU Center's Total Assets for the quarter that ended in Dec. 2023 was 円7,678 Mil. Therefore, HONYAKU Center's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

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

TSE:2483' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63   Med: 0.71   Max: 0.78
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of HONYAKU Center was 0.78. The lowest was 0.63. And the median was 0.71.

TSE:2483's Equity-to-Asset is ranked better than
86.23% of 1089 companies
in the Business Services industry
Industry Median: 0.49 vs TSE:2483: 0.78

HONYAKU Center Equity-to-Asset Historical Data

The historical data trend for HONYAKU Center'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.

HONYAKU Center Equity-to-Asset Chart

HONYAKU Center Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.73 0.72 0.71 0.76

HONYAKU Center Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.76 0.77 0.75 0.78

Competitive Comparison of HONYAKU Center's Equity-to-Asset

For the Specialty Business Services subindustry, HONYAKU Center'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.


HONYAKU Center's Equity-to-Asset Distribution in the Business Services Industry

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

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



HONYAKU Center 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.

HONYAKU Center's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=5672.923/7486.815
=0.76

HONYAKU Center's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=5949.601/7677.737
=0.77

* 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.


HONYAKU Center  (TSE:2483) 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%.


HONYAKU Center Equity-to-Asset Related Terms

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


HONYAKU Center (TSE:2483) Business Description

Traded in Other Exchanges
N/A
Address
4-1-3 Kyutaro-machi, Chuo-ku, Midousuji building, 13th floor, Osaka, JPN, 541-0056
HONYAKU Center Inc is a technical translation firm. It provides translation services in the medical and pharmaceutical, patent, industrial, financial, and legal fields. It also provides interpreting, medical writing services, and foreign patent applications.

HONYAKU Center (TSE:2483) Headlines

No Headlines