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Fujibo Holdings (TSE:3104) Equity-to-Asset : 0.71 (As of Dec. 2023)


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What is Fujibo Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fujibo Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円43,397 Mil. Fujibo Holdings's Total Assets for the quarter that ended in Dec. 2023 was 円61,051 Mil. Therefore, Fujibo Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

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

TSE:3104' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.65   Max: 0.72
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of Fujibo Holdings was 0.72. The lowest was 0.47. And the median was 0.65.

TSE:3104's Equity-to-Asset is ranked better than
74.7% of 1083 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.53 vs TSE:3104: 0.71

Fujibo Holdings Equity-to-Asset Historical Data

The historical data trend for Fujibo Holdings'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.

Fujibo Holdings Equity-to-Asset Chart

Fujibo Holdings 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 0.63 0.65 0.67 0.69 0.70

Fujibo Holdings 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 0.69 0.70 0.72 0.72 0.71

Competitive Comparison of Fujibo Holdings's Equity-to-Asset

For the Textile Manufacturing subindustry, Fujibo Holdings'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.


Fujibo Holdings's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Fujibo Holdings's Equity-to-Asset distribution charts can be found below:

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



Fujibo Holdings 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.

Fujibo Holdings'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
=42919/61368
=0.70

Fujibo Holdings'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
=43397/61051
=0.71

* 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.


Fujibo Holdings  (TSE:3104) 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%.


Fujibo Holdings Equity-to-Asset Related Terms

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Fujibo Holdings (TSE:3104) Business Description

Traded in Other Exchanges
N/A
Address
1-18-12, Ningyo-cho Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0013
Fujibo Holdings Inc is a Japan-based abrasive product manufacturing company. It operates in four business divisions. Polishing pad business offers precision polishing of silicon wafers and all types of semiconductor materials, metal, and glass. Chemical industrial business is engaged in the production of raw materials for medicines, agricultural chemicals, electronic materials, and functional chemicals. The textile business manufactures special and functional synthetic fibers, including fibers with strong adhesive properties, luminous fibers, thermochromic yarn, and photochromic Yarn. Other businesses include the export of vehicles and automotive components, manufacturing, and sale of chemical products, and refining of used solvents.

Fujibo Holdings (TSE:3104) Headlines

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