GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sodick Co Ltd (TSE:6143) » Definitions » Equity-to-Asset

Sodick Co (TSE:6143) Equity-to-Asset : 0.58 (As of Dec. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Sodick Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sodick Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was 円84,375 Mil. Sodick Co's Total Assets for the quarter that ended in Dec. 2024 was 円144,993 Mil. Therefore, Sodick Co's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.58.

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

TSE:6143' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.51   Max: 0.59
Current: 0.58

During the past 13 years, the highest Equity to Asset Ratio of Sodick Co was 0.59. The lowest was 0.45. And the median was 0.51.

TSE:6143's Equity-to-Asset is ranked better than
53.69% of 3034 companies
in the Industrial Products industry
Industry Median: 0.57 vs TSE:6143: 0.58

Sodick Co Equity-to-Asset Historical Data

The historical data trend for Sodick 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.

Sodick Co Equity-to-Asset Chart

Sodick Co Annual Data
Trend Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.55 0.59 0.58 0.58

Sodick Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.58 0.56 0.58 0.56 0.58

Competitive Comparison of Sodick Co's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Sodick 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.


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

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

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


;
;

Sodick 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.

Sodick Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=84375/144993
=0.58

Sodick Co's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=84375/144993
=0.58

* 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.


Sodick Co  (TSE:6143) 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%.


Sodick Co Equity-to-Asset Related Terms

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


Sodick Co Business Description

Traded in Other Exchanges
N/A
Address
3-12-1 Nakamachidai, Tsuzuki-ku, Yokohama, Kanagawa, JPN, 224-8522
Sodick Co Ltd is the manufacturer of electrical discharge machines (EDM). The company operates through three segments namely Machine tools operations, Industrial machinery operations, and Food processing machinery operations. It offers various machine tools products such as die-sinker, wire-cut, and small-hole drilling EDMs, horizontal injection molding machine, noodle producing the machine, powder mill, linear motor and linear motor drivers and many more.

Sodick Co Headlines

No Headlines