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Japan System Techniques Co (TSE:4323) Equity-to-Asset : 0.63 (As of Mar. 2024)


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What is Japan System Techniques Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Japan System Techniques Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円12,659 Mil. Japan System Techniques Co's Total Assets for the quarter that ended in Mar. 2024 was 円20,023 Mil. Therefore, Japan System Techniques Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.63.

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

TSE:4323' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.57   Max: 0.63
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of Japan System Techniques Co was 0.63. The lowest was 0.47. And the median was 0.57.

TSE:4323's Equity-to-Asset is ranked better than
61.56% of 2846 companies
in the Software industry
Industry Median: 0.55 vs TSE:4323: 0.63

Japan System Techniques Co Equity-to-Asset Historical Data

The historical data trend for Japan System Techniques 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.

Japan System Techniques Co Equity-to-Asset Chart

Japan System Techniques Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.53 0.59 0.62 0.63

Japan System Techniques Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.62 0.57 0.60 0.66 0.63

Competitive Comparison of Japan System Techniques Co's Equity-to-Asset

For the Software - Application subindustry, Japan System Techniques 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.


Japan System Techniques Co's Equity-to-Asset Distribution in the Software Industry

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

* The bar in red indicates where Japan System Techniques Co's Equity-to-Asset falls into.



Japan System Techniques 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.

Japan System Techniques Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=12658.573/20022.694
=0.63

Japan System Techniques Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=12658.573/20022.694
=0.63

* 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.


Japan System Techniques Co  (TSE:4323) 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%.


Japan System Techniques Co Equity-to-Asset Related Terms

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Japan System Techniques Co (TSE:4323) Business Description

Traded in Other Exchanges
Address
No. 2 No. 16, Konan, Minato-ku, Tokyo, JPN, 108-8288
Japan System Techniques Co Ltd is engaged in the Software business in Japan. It provides business software applications such as engineering and event applications. It also provides package business and system sales. Its services include system consultation, system integration services, software development, system management, development and sales, package software and database services.

Japan System Techniques Co (TSE:4323) Headlines

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