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Kikukawa Enterprise (TSE:6346) Equity-to-Asset : 0.83 (As of Dec. 2023)


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What is Kikukawa Enterprise Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kikukawa Enterprise's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円11,144 Mil. Kikukawa Enterprise's Total Assets for the quarter that ended in Dec. 2023 was 円13,442 Mil. Therefore, Kikukawa Enterprise's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.83.

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

TSE:6346' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.73   Med: 0.81   Max: 0.87
Current: 0.83

During the past 13 years, the highest Equity to Asset Ratio of Kikukawa Enterprise was 0.87. The lowest was 0.73. And the median was 0.81.

TSE:6346's Equity-to-Asset is ranked better than
88.93% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSE:6346: 0.83

Kikukawa Enterprise Equity-to-Asset Historical Data

The historical data trend for Kikukawa Enterprise'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.

Kikukawa Enterprise Equity-to-Asset Chart

Kikukawa Enterprise Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.86 0.86 0.86 0.83

Kikukawa Enterprise Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 0.85 0.83 0.81 0.79 0.83

Competitive Comparison of Kikukawa Enterprise's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Kikukawa Enterprise'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.


Kikukawa Enterprise's Equity-to-Asset Distribution in the Industrial Products Industry

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

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



Kikukawa Enterprise 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.

Kikukawa Enterprise's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=11029.184/13277.631
=0.83

Kikukawa Enterprise'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
=11144.498/13441.579
=0.83

* 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.


Kikukawa Enterprise  (TSE:6346) 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%.


Kikukawa Enterprise Equity-to-Asset Related Terms

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Kikukawa Enterprise (TSE:6346) Business Description

Traded in Other Exchanges
N/A
Address
85 Ominato-cho, Ise, Mie Prefecture, JPN
Kikukawa Enterprise Inc is a Japan-based company engages in the manufacture and sale of woodworking equipment and machine tools. Its products include sawmilling machinery, machine tools for processing iron and non-ferrous metals, and machines for fabricating synthetic resin products.

Kikukawa Enterprise (TSE:6346) Headlines

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