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CAREERLINK CO (TSE:6070) Equity-to-Asset : 0.66 (As of Dec. 2023)


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What is CAREERLINK CO Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CAREERLINK CO's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円13,603 Mil. CAREERLINK CO's Total Assets for the quarter that ended in Dec. 2023 was 円20,735 Mil. Therefore, CAREERLINK CO's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.66.

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

TSE:6070' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.53   Max: 0.67
Current: 0.66

During the past 10 years, the highest Equity to Asset Ratio of CAREERLINK CO was 0.67. The lowest was 0.41. And the median was 0.53.

TSE:6070's Equity-to-Asset is ranked better than
70.21% of 1091 companies
in the Business Services industry
Industry Median: 0.49 vs TSE:6070: 0.66

CAREERLINK CO Equity-to-Asset Historical Data

The historical data trend for CAREERLINK 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.

CAREERLINK CO Equity-to-Asset Chart

CAREERLINK CO Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.58 0.57 0.51 0.47

CAREERLINK CO Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.59 0.62 0.67 0.64 0.66

Competitive Comparison of CAREERLINK CO's Equity-to-Asset

For the Staffing & Employment Services subindustry, CAREERLINK 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.


CAREERLINK CO's Equity-to-Asset Distribution in the Business Services Industry

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

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



CAREERLINK 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.

CAREERLINK CO's Equity to Asset Ratio for the fiscal year that ended in Feb. 2021 is calculated as

Equity to Asset (A: Feb. 2021 )=Total Stockholders Equity/Total Assets
=5430.295/11523.851
=0.47

CAREERLINK 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
=13602.619/20734.774
=0.66

* 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.


CAREERLINK CO  (TSE:6070) 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%.


CAREERLINK CO Equity-to-Asset Related Terms

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CAREERLINK CO (TSE:6070) Business Description

Traded in Other Exchanges
N/A
Address
33rd Floor, Shinjuku Mitsui Building, 2-1-1, Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0433
CAREERLINK CO LTD provides human resources services in Japan. The company offers temporary staffing and outsourcing services for manufacturing and distribution companies. It supplies temporary workers for office work; helps companies with recruiting office workers; and performs outsourced tasks and provides other services. Its business comprises of BPO related business, CRM related business, General administrative business and Cleaning business of food processing, manufacturing processing buildings and hotels.

CAREERLINK CO (TSE:6070) Headlines

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