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T Hasegawa Co (TSE:4958) Equity-to-Asset : 0.84 (As of Mar. 2024)


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What is T Hasegawa Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. T Hasegawa Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円118,814 Mil. T Hasegawa Co's Total Assets for the quarter that ended in Mar. 2024 was 円141,076 Mil. Therefore, T Hasegawa Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.84.

The historical rank and industry rank for T Hasegawa Co's Equity-to-Asset or its related term are showing as below:

TSE:4958' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.78   Med: 0.81   Max: 0.85
Current: 0.84

During the past 13 years, the highest Equity to Asset Ratio of T Hasegawa Co was 0.85. The lowest was 0.78. And the median was 0.81.

TSE:4958's Equity-to-Asset is ranked better than
87.8% of 1566 companies
in the Chemicals industry
Industry Median: 0.59 vs TSE:4958: 0.84

T Hasegawa Co Equity-to-Asset Historical Data

The historical data trend for T Hasegawa 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.

T Hasegawa Co Equity-to-Asset Chart

T Hasegawa Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.81 0.81 0.83 0.84

T Hasegawa 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 0.84 0.85 0.84 0.84 0.84

Competitive Comparison of T Hasegawa Co's Equity-to-Asset

For the Specialty Chemicals subindustry, T Hasegawa 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.


T Hasegawa Co's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, T Hasegawa Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where T Hasegawa Co's Equity-to-Asset falls into.



T Hasegawa 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.

T Hasegawa Co's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=116317/139125
=0.84

T Hasegawa 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
=118814/141076
=0.84

* 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.


T Hasegawa Co  (TSE:4958) 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%.


T Hasegawa Co Equity-to-Asset Related Terms

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T Hasegawa Co (TSE:4958) Business Description

Traded in Other Exchanges
N/A
Address
4-4-14, Nihonbashi-honcho, Chuo-ku, Tokyo, JPN, 103-8431
T Hasegawa Co Ltd manufactures and sells flavors and fragrances in two segments based on product type. The flavors segment, which generates the majority of revenue, sells flavors used in beverages, desserts, confectioneries, chewing gum, dental cleaning products, and animal feed. The fragrances segment sells fragrances used in perfumes, skin-care and hair-care products, bath additives, detergents, fabric softeners, and air fresheners. The majority of revenue comes from Japan.

T Hasegawa Co (TSE:4958) Headlines

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