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Nihon Seikan KK (TSE:5905) Equity-to-Asset : 0.35 (As of Sep. 2024)


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What is Nihon Seikan KK Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nihon Seikan KK's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円5,049 Mil. Nihon Seikan KK's Total Assets for the quarter that ended in Sep. 2024 was 円14,473 Mil.

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

TSE:5905' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.35   Max: 0.39
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Nihon Seikan KK was 0.39. The lowest was 0.30. And the median was 0.35.

TSE:5905's Equity-to-Asset is ranked worse than
80.1% of 407 companies
in the Packaging & Containers industry
Industry Median: 0.54 vs TSE:5905: 0.35

Nihon Seikan KK Equity-to-Asset Historical Data

The historical data trend for Nihon Seikan 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.

Nihon Seikan KK Equity-to-Asset Chart

Nihon Seikan KK Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.37 0.36 0.37 0.34

Nihon Seikan KK Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.35 0.34 0.35 0.34 0.35

Competitive Comparison of Nihon Seikan KK's Equity-to-Asset

For the Packaging & Containers subindustry, Nihon Seikan 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.


Nihon Seikan KK's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Nihon Seikan KK's Equity-to-Asset distribution charts can be found below:

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



Nihon Seikan 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.

Nihon Seikan KK's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=5228.877/15204.75
=0.34

Nihon Seikan KK's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=5049.231/14473.245
=

* 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.


Nihon Seikan KK  (TSE:5905) 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%.


Nihon Seikan KK Equity-to-Asset Related Terms

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


Nihon Seikan KK Business Description

Traded in Other Exchanges
N/A
Address
2-275 Yoshino-cho, Kita-ku Saitama-shi, Saitama, JPN
Nihon Seikan KK is a metal can manufacturing company. It manufactures adhesive and welding cans for paints, oils, foods, chemicals, mineral oils, pharmaceuticals and others.

Nihon Seikan KK Headlines

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