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Open House Group Co (TSE:3288) Equity-to-Asset : 0.33 (As of Dec. 2023)


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What is Open House Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Open House Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円431,360 Mil. Open House Group Co's Total Assets for the quarter that ended in Dec. 2023 was 円1,291,262 Mil. Therefore, Open House Group Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.33.

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

TSE:3288' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.32   Max: 0.42
Current: 0.33

During the past 12 years, the highest Equity to Asset Ratio of Open House Group Co was 0.42. The lowest was 0.27. And the median was 0.32.

TSE:3288's Equity-to-Asset is ranked worse than
66.14% of 1834 companies
in the Real Estate industry
Industry Median: 0.44 vs TSE:3288: 0.33

Open House Group Co Equity-to-Asset Historical Data

The historical data trend for Open House Group 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.

Open House Group Co Equity-to-Asset Chart

Open House Group Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.41 0.34 0.33 0.35

Open House Group Co 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 0.34 0.34 0.34 0.35 0.33

Competitive Comparison of Open House Group Co's Equity-to-Asset

For the Real Estate - Diversified subindustry, Open House Group 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.


Open House Group Co's Equity-to-Asset Distribution in the Real Estate Industry

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

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



Open House Group 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.

Open House Group Co's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=416604/1198668
=0.35

Open House Group Co'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
=431360/1291262
=0.33

* 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.


Open House Group Co  (TSE:3288) 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%.


Open House Group Co Equity-to-Asset Related Terms

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Open House Group Co (TSE:3288) Business Description

Traded in Other Exchanges
Address
2-4-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6312
Open House Group Co Ltd is principally engaged in real estate businesses, including real estate brokerage, single-family home development and sales, condominium development and sales, real estate investment, real estate financing, and other related services. The company comprises six operating segments: brokerage, single-family homes, Asakawa Home, condominiums, property resale, and others. The single-family homes segment delivers approximately half of group revenue, and the property resale segment contributes to the next most significant portion of revenue. Open House's sales centers are mainly located in Tokyo and surrounding areas.

Open House Group Co (TSE:3288) Headlines

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