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i Cubed Systems (TSE:4495) Equity-to-Asset : 0.77 (As of Mar. 2024)


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What is i Cubed Systems Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. i Cubed Systems's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円2,758 Mil. i Cubed Systems's Total Assets for the quarter that ended in Mar. 2024 was 円3,575 Mil. Therefore, i Cubed Systems's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.77.

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

TSE:4495' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.69   Max: 0.79
Current: 0.77

During the past 6 years, the highest Equity to Asset Ratio of i Cubed Systems was 0.79. The lowest was 0.15. And the median was 0.69.

TSE:4495's Equity-to-Asset is ranked better than
80.63% of 2845 companies
in the Software industry
Industry Median: 0.55 vs TSE:4495: 0.77

i Cubed Systems Equity-to-Asset Historical Data

The historical data trend for i Cubed Systems'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.

i Cubed Systems Equity-to-Asset Chart

i Cubed Systems Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial 0.36 0.53 0.59 0.69 0.76

i Cubed Systems Quarterly Data
Jun18 Jun19 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 0.79 0.76 0.76 0.73 0.77

Competitive Comparison of i Cubed Systems's Equity-to-Asset

For the Software - Application subindustry, i Cubed Systems'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.


i Cubed Systems's Equity-to-Asset Distribution in the Software Industry

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

* The bar in red indicates where i Cubed Systems's Equity-to-Asset falls into.



i Cubed Systems 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.

i Cubed Systems'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
=2569.815/3399.411
=0.76

i Cubed Systems'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
=2757.607/3574.873
=0.77

* 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.


i Cubed Systems  (TSE:4495) 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%.


i Cubed Systems Equity-to-Asset Related Terms

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i Cubed Systems (TSE:4495) Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, 1st Meisei Building, 4-37-37 Tenjin, Chuo-ku, Fukuoka Prefecture, Fukuoka, JPN, 810-0001
i Cubed Systems Inc is engaged in provision of mobile device management services for corporations. The company provides CLOMO's business application series that include Clomo browser, Clomo Mailer, Clomo Claender, Clomo Address book, and Clomo File sharing.

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