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Es Networks Co (TSE:5867) Equity-to-Asset : 0.60 (As of Dec. 2023)


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What is Es Networks Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Es Networks Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円1,335 Mil. Es Networks Co's Total Assets for the quarter that ended in Dec. 2023 was 円2,218 Mil. Therefore, Es Networks Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.60.

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

TSE:5867' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.51   Max: 0.6
Current: 0.6

During the past 3 years, the highest Equity to Asset Ratio of Es Networks Co was 0.60. The lowest was 0.50. And the median was 0.51.

TSE:5867's Equity-to-Asset is ranked better than
63.44% of 1094 companies
in the Business Services industry
Industry Median: 0.5 vs TSE:5867: 0.60

Es Networks Co Equity-to-Asset Historical Data

The historical data trend for Es Networks 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.

Es Networks Co Equity-to-Asset Chart

Es Networks Co Annual Data
Trend Dec21 Dec22 Dec23
Equity-to-Asset
0.50 0.51 0.60

Es Networks Co Semi-Annual Data
Dec21 Dec22 Dec23
Equity-to-Asset 0.50 0.51 0.60

Competitive Comparison of Es Networks Co's Equity-to-Asset

For the Consulting Services subindustry, Es Networks 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.


Es Networks Co's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Es Networks Co's Equity-to-Asset distribution charts can be found below:

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



Es Networks 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.

Es Networks Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1334.629/2218.179
=0.60

Es Networks 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
=1334.629/2218.179
=0.60

* 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.


Es Networks Co  (TSE:5867) 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%.


Es Networks Co Equity-to-Asset Related Terms

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Es Networks Co (TSE:5867) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2-7-2, Marunouchi, JP Tower Building, 23 Floor, Chiyoda-ku, Tokyo, JPN, 100- 7023
Es Networks Co Ltd is a group of accounting, finance, and tax professionals that supports the sustainable growth of companies from the perspective of management.

Es Networks Co (TSE:5867) Headlines

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