GURUFOCUS.COM » STOCK LIST » Technology » Software » Kyoritsu Computer & Communication Co Ltd (TSE:3670) » Definitions » Equity-to-Asset

Kyoritsu Computermmunication Co (TSE:3670) Equity-to-Asset : 0.70 (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Kyoritsu Computermmunication Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kyoritsu Computermmunication Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円2,013 Mil. Kyoritsu Computermmunication Co's Total Assets for the quarter that ended in Sep. 2024 was 円2,887 Mil.

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

TSE:3670' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.59   Max: 0.7
Current: 0.7

During the past 11 years, the highest Equity to Asset Ratio of Kyoritsu Computermmunication Co was 0.70. The lowest was 0.39. And the median was 0.59.

TSE:3670's Equity-to-Asset is ranked better than
71.23% of 2833 companies
in the Software industry
Industry Median: 0.55 vs TSE:3670: 0.70

Kyoritsu Computermmunication Co Equity-to-Asset Historical Data

The historical data trend for Kyoritsu Computermmunication 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.

Kyoritsu Computermmunication Co Equity-to-Asset Chart

Kyoritsu Computermmunication Co Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.59 0.64 0.63 0.64

Kyoritsu Computermmunication Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.65 0.62 0.62 0.62 0.70

Competitive Comparison of Kyoritsu Computermmunication Co's Equity-to-Asset

For the Information Technology Services subindustry, Kyoritsu Computermmunication 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.


Kyoritsu Computermmunication Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Kyoritsu Computermmunication Co's Equity-to-Asset distribution charts can be found below:

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



Kyoritsu Computermmunication 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.

Kyoritsu Computermmunication Co'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
=1821.674/2845.964
=0.64

Kyoritsu Computermmunication Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=2012.976/2887.334
=

* 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.


Kyoritsu Computermmunication Co  (TSE:3670) 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%.


Kyoritsu Computermmunication Co Equity-to-Asset Related Terms

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


Kyoritsu Computermmunication Co Business Description

Traded in Other Exchanges
N/A
Address
Daiwa A Hamamatsucho Building, 1-9-10 Hamamatsucho, Minato-Ku, Tokyo, JPN, 105-0013
Kyoritsu Computer & Communication Co Ltd provides management information solutions for sales, construction, education and operation services, and others. Its solutions and software are used in promoting management activities for corporate customers. Geographically it operates through the region of Japan.

Kyoritsu Computermmunication Co Headlines

No Headlines