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Shibaura Machine Co (TSE:6104) Equity-to-Asset : 0.51 (As of Sep. 2024)


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What is Shibaura Machine Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shibaura Machine Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円113,937 Mil. Shibaura Machine Co's Total Assets for the quarter that ended in Sep. 2024 was 円222,016 Mil. Therefore, Shibaura Machine Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.51.

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

TSE:6104' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.55   Max: 0.61
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of Shibaura Machine Co was 0.61. The lowest was 0.42. And the median was 0.55.

TSE:6104's Equity-to-Asset is ranked worse than
58.45% of 3028 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSE:6104: 0.51

Shibaura Machine Co Equity-to-Asset Historical Data

The historical data trend for Shibaura Machine 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.

Shibaura Machine Co Equity-to-Asset Chart

Shibaura Machine Co 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 0.56 0.61 0.50 0.44 0.44

Shibaura Machine Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.46 0.42 0.44 - 0.51

Competitive Comparison of Shibaura Machine Co's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Shibaura Machine 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.


Shibaura Machine Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shibaura Machine Co's Equity-to-Asset distribution charts can be found below:

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



Shibaura Machine 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.

Shibaura Machine Co'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
=111704/253172
=0.44

Shibaura Machine Co'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
=113937/222016
=0.51

* 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.


Shibaura Machine Co  (TSE:6104) 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%.


Shibaura Machine Co Equity-to-Asset Related Terms

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Shibaura Machine Co Business Description

Traded in Other Exchanges
Address
2068-3 Ooka, Shizuoka Prefecture, Numazu, JPN, 410-8510
Shibaura Machine Co Ltd is engaged in manufacturing and distribution of molding machineries and machine tools. The business of the company is divided into two segments: molding machinery and machine tools. The company's product portfolio comprises injection molding machines, die-casting machines, plastic extrusion, large-size machine tools, portal-type machine tools, machining centers, horizontal boring machines, and high-precision machines, among others. The company's products are used in manufacturing of computers, automobile engines, transmissions, medical products, high-precision lenses, displays, construction machines, and wind power generation. A vast majority of the company's revenue is generated by the molding machinery segment, and the company earns most of its revenue in Japan.

Shibaura Machine Co Headlines

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