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Daisho Co (TSE:2816) Equity-to-Asset : 0.58 (As of Mar. 2024)


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What is Daisho Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Daisho Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円9,536 Mil. Daisho Co's Total Assets for the quarter that ended in Mar. 2024 was 円16,393 Mil. Therefore, Daisho Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.58.

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

TSE:2816' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.57   Max: 0.59
Current: 0.58

During the past 13 years, the highest Equity to Asset Ratio of Daisho Co was 0.59. The lowest was 0.53. And the median was 0.57.

TSE:2816's Equity-to-Asset is ranked better than
70.55% of 309 companies
in the Retail - Defensive industry
Industry Median: 0.41 vs TSE:2816: 0.58

Daisho Co Equity-to-Asset Historical Data

The historical data trend for Daisho 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.

Daisho Co Equity-to-Asset Chart

Daisho 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 0.58 0.57 0.57 0.59 0.58

Daisho Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.59 0.59 0.55 0.55 0.58

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

For the Food Distribution subindustry, Daisho 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.


Daisho Co's Equity-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Daisho Co's Equity-to-Asset distribution charts can be found below:

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



Daisho 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.

Daisho 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
=9536/16393
=0.58

Daisho Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=9536/16393
=0.58

* 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.


Daisho Co  (TSE:2816) 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%.


Daisho Co Equity-to-Asset Related Terms

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Daisho Co Business Description

Traded in Other Exchanges
N/A
Address
1-17-3, Kamezawa, Sumida-ku, Tokyo, JPN, 130-0014
Daisho Co Ltd is engaged in production and sales of dipping sauce, soup and seasoning powder ingredients. The company's products are divided into Retail products and Foodservice products. Retail products consist of green vegetable juice, meat, salt and pepper, and others, and Foodservice products comprise of Chubo-Ou Karaage mix, Yakiniku Dori Garlic and Soy, and others.

Daisho Co Headlines

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