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Storage-OH Co (TSE:2997) Equity-to-Asset : 0.24 (As of Apr. 2024)


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What is Storage-OH Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Storage-OH Co's Total Stockholders Equity for the quarter that ended in Apr. 2024 was 円968 Mil. Storage-OH Co's Total Assets for the quarter that ended in Apr. 2024 was 円4,058 Mil. Therefore, Storage-OH Co's Equity to Asset Ratio for the quarter that ended in Apr. 2024 was 0.24.

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

TSE:2997' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.3   Max: 0.56
Current: 0.24

During the past 4 years, the highest Equity to Asset Ratio of Storage-OH Co was 0.56. The lowest was 0.22. And the median was 0.30.

TSE:2997's Equity-to-Asset is ranked worse than
78.77% of 1832 companies
in the Real Estate industry
Industry Median: 0.44 vs TSE:2997: 0.24

Storage-OH Co Equity-to-Asset Historical Data

The historical data trend for Storage-OH 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.

Storage-OH Co Equity-to-Asset Chart

Storage-OH Co Annual Data
Trend Jan20 Jan21 Jan22 Jan23
Equity-to-Asset
0.56 0.43 0.43 0.51

Storage-OH Co Quarterly Data
Jan20 Jan21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.26 0.22 0.36 0.24

Competitive Comparison of Storage-OH Co's Equity-to-Asset

For the Real Estate Services subindustry, Storage-OH 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.


Storage-OH Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Storage-OH Co's Equity-to-Asset distribution charts can be found below:

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



Storage-OH 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.

Storage-OH Co's Equity to Asset Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Equity to Asset (A: Jan. 2023 )=Total Stockholders Equity/Total Assets
=918.455/1819.733
=0.50

Storage-OH Co's Equity to Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

Equity to Asset (Q: Apr. 2024 )=Total Stockholders Equity/Total Assets
=967.809/4057.505
=0.24

* 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.


Storage-OH Co  (TSE:2997) 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%.


Storage-OH Co Equity-to-Asset Related Terms

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Storage-OH Co (TSE:2997) Business Description

Traded in Other Exchanges
N/A
Address
1-9-23 Ichikawaminami, Ichikawa-shi, 4th floor, Keiyo Housing Ichikawa Building, Chiba, JPN, 272-0033
Storage-OH Co Ltd is a property management company. The company is engaged in planning, development, operation, management of trunk room property management business.

Storage-OH Co (TSE:2997) Headlines

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