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Freee KK (TSE:4478) Equity-to-Asset : 0.46 (As of Mar. 2024)


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What is Freee KK Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Freee KK's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円18,061 Mil. Freee KK's Total Assets for the quarter that ended in Mar. 2024 was 円39,181 Mil. Therefore, Freee KK's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.46.

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

TSE:4478' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.74   Max: 0.87
Current: 0.46

During the past 5 years, the highest Equity to Asset Ratio of Freee KK was 0.87. The lowest was 0.46. And the median was 0.74.

TSE:4478's Equity-to-Asset is ranked worse than
60.42% of 2850 companies
in the Software industry
Industry Median: 0.54 vs TSE:4478: 0.46

Freee KK Equity-to-Asset Historical Data

The historical data trend for Freee KK'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.

Freee KK Equity-to-Asset Chart

Freee KK Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
0.61 0.77 0.85 0.77 0.61

Freee KK 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 0.68 0.61 0.60 0.52 0.46

Competitive Comparison of Freee KK's Equity-to-Asset

For the Software - Application subindustry, Freee KK'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.


Freee KK's Equity-to-Asset Distribution in the Software Industry

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

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



Freee KK 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.

Freee KK's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=26058.154/42786.885
=0.61

Freee KK'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
=18061.485/39180.836
=0.46

* 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.


Freee KK  (TSE:4478) 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%.


Freee KK Equity-to-Asset Related Terms

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


Freee KK (TSE:4478) Business Description

Traded in Other Exchanges
Address
2-8-1 Nishi-Gotanda, Shinagawa-ku, Gotanda First Building 9th Floor, Tokyo, JPN, 141-0031
Freee KK is a developer of cloud-based software. Its software products include Cloud Accounting software, Cloud HR Labor software, Cloud ERP for Midsize companies, among others.

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