Rasa Industries (TSE:4022) Equity-to-Asset : 0.53 (As of Dec. 2023)

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What is Rasa Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rasa Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円23,862 Mil. Rasa Industries's Total Assets for the quarter that ended in Dec. 2023 was 円44,672 Mil. Therefore, Rasa Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

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

TSE:4022' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25 Med: 0.39 Max: 0.53
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Rasa Industries was 0.53. The lowest was 0.25. And the median was 0.39.

TSE:4022's Equity-to-Asset is ranked worse than
57.29% of 1564 companies
in the Chemicals industry
Industry Median: 0.59 vs TSE:4022: 0.53

Rasa Industries Equity-to-Asset Historical Data

The historical data trend for Rasa Industries'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.

Rasa Industries Equity-to-Asset Chart

Rasa Industries Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.38

0.42

0.48

0.49

Rasa Industries 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															0.48	0.49	0.49	0.53	0.53

Competitive Comparison of Rasa Industries's Equity-to-Asset

For the Specialty Chemicals subindustry, Rasa Industries'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.

Rasa Industries's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rasa Industries's Equity-to-Asset distribution charts can be found below:

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

Rasa Industries 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.

Rasa Industries'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
	=	23125	/	47552
	=	0.49

Rasa Industries'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
	=	23862	/	44672
	=	0.53

Rasa Industries (TSE:4022) 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%.

Rasa Industries Equity-to-Asset Related Terms

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

Rasa Industries (TSE:4022) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rasa Industries Ltd (TSE:4022) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Kyobashi 1 - chome, Chuo - ku, Tokyo, JPN, 104-0031

Website

http://www.rasa.co.jp

Rasa Industries Ltd is engaged in chemicals, machinery, and electronic materials business. The chemicals division manufactures and sells basic chemicals based on phosphorus-based products. The machinery division provides various machines such as drilling, crushing and sorting, and the Electronic materials division is engaged in the development of the electronics industry by supplying high-purity inorganic materials that are raw materials for compound semiconductors, as well as resist strippers and coating agents used in semiconductor and liquid crystal panel manufacturing processes.

Rasa Industries (TSE:4022) Headlines

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