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Charm Care (TSE:6062) Equity-to-Asset : 0.33 (As of Mar. 2024)


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What is Charm Care Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Charm Care's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円16,297 Mil. Charm Care's Total Assets for the quarter that ended in Mar. 2024 was 円49,547 Mil. Therefore, Charm Care's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.33.

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

TSE:6062' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.24   Max: 0.41
Current: 0.33

During the past 13 years, the highest Equity to Asset Ratio of Charm Care was 0.41. The lowest was 0.14. And the median was 0.24.

TSE:6062's Equity-to-Asset is ranked worse than
64.99% of 677 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs TSE:6062: 0.33

Charm Care Equity-to-Asset Historical Data

The historical data trend for Charm Care'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.

Charm Care Equity-to-Asset Chart

Charm Care Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.41 0.39 0.33 0.35

Charm Care 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 0.32 0.35 0.35 0.34 0.33

Competitive Comparison of Charm Care's Equity-to-Asset

For the Medical Care Facilities subindustry, Charm Care'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.


Charm Care's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Charm Care's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Charm Care's Equity-to-Asset falls into.



Charm Care 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.

Charm Care'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
=15135/43304
=0.35

Charm Care'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
=16297/49547
=0.33

* 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.


Charm Care  (TSE:6062) 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%.


Charm Care Equity-to-Asset Related Terms

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


Charm Care (TSE:6062) Business Description

Traded in Other Exchanges
N/A
Address
Nakanoshima Mitsui Building, 4th Floor, 3-3-3 Nakanoshima, Kita-ku, Osaka, JPN, 530-0005
Charm Care Corp operates nursing homes. It is a nursing-assisted fee-based nursing home which provides nursing care facility residents living and specific housing type nursing homes, day care services, nursing care, home care support and visiting.

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