Jig Jp Co (TSE:5244) Equity-to-Asset : 0.57 (As of Dec. 2023)

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What is Jig Jp Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jig Jp Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円2,909 Mil. Jig Jp Co's Total Assets for the quarter that ended in Dec. 2023 was 円5,113 Mil. Therefore, Jig Jp Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.57.

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

TSE:5244' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35 Med: 0.49 Max: 0.57
Current: 0.57

During the past 3 years, the highest Equity to Asset Ratio of Jig Jp Co was 0.57. The lowest was 0.35. And the median was 0.49.

TSE:5244's Equity-to-Asset is ranked better than
53.2% of 2846 companies
in the Software industry
Industry Median: 0.55 vs TSE:5244: 0.57

Jig Jp Co Equity-to-Asset Historical Data

The historical data trend for Jig Jp 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.

Jig Jp Co Equity-to-Asset Chart

Jig Jp Co Annual Data

Trend

Mar21

Mar22

Mar23

Equity-to-Asset

0.35

0.43

0.50

Jig Jp Co Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.48	0.50	0.55	0.56	0.57

Competitive Comparison of Jig Jp Co's Equity-to-Asset

For the Software - Application subindustry, Jig Jp 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.

Jig Jp Co's Equity-to-Asset Distribution in the Software Industry

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

* The bar in red indicates where Jig Jp Co's Equity-to-Asset falls into.

Jig Jp 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.

Jig Jp Co'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
	=	2136.027	/	4252.685
	=	0.50

Jig Jp Co'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
	=	2908.525	/	5112.556
	=	0.57

Jig Jp Co (TSE:5244) 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%.

Jig Jp Co Equity-to-Asset Related Terms

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

Jig Jp Co (TSE:5244) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Jig Jp Co Ltd (TSE:5244) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-23-5 Sendagaya, 4th Floor, Yoyogi East, Shibuya-ku, Tokyo, JPN, 151-0051

Website

https://www.jig.jp

Jig Jp Co Ltd is engaged in the planning, development and provision of software centered on mobile. It offers live streaming platform service. The services are provided to general customers, local governments, and corporations.

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