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Fulltech Co (TSE:6546) Equity-to-Asset : 0.53 (As of Jun. 2024)


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What is Fulltech Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fulltech Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was 円6,588 Mil. Fulltech Co's Total Assets for the quarter that ended in Jun. 2024 was 円12,467 Mil. Therefore, Fulltech Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.53.

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

TSE:6546' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.58   Max: 0.63
Current: 0.53

During the past 9 years, the highest Equity to Asset Ratio of Fulltech Co was 0.63. The lowest was 0.50. And the median was 0.58.

TSE:6546's Equity-to-Asset is ranked worse than
55.55% of 3028 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSE:6546: 0.53

Fulltech Co Equity-to-Asset Historical Data

The historical data trend for Fulltech 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.

Fulltech Co Equity-to-Asset Chart

Fulltech Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.58 0.59 0.58 0.57 0.53

Fulltech Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.54 0.53 0.53 0.53 0.53

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

For the Specialty Industrial Machinery subindustry, Fulltech 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.


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

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

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



Fulltech 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.

Fulltech Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=6406.074/11997.987
=0.53

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

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=6588.276/12466.909
=0.53

* 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.


Fulltech Co  (TSE:6546) 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%.


Fulltech Co Equity-to-Asset Related Terms

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Fulltech Co Business Description

Traded in Other Exchanges
N/A
Address
3-4-3 Odorihigashi, Chuo-ku, Hokkaido, Sapporo, JPN, 060-0041
Fulltech Co Ltd is engaged in the sale, construction, and maintenance of automatic door operating device, and also manufactures and sells stainless steel fittings. It also sales bicycle parking system, bicycle parking rack, smoking area system.

Fulltech Co Headlines

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