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Terasaki Electric Co (TSE:6637) Equity-to-Asset : 0.69 (As of Sep. 2024)


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What is Terasaki Electric Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Terasaki Electric Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円48,068 Mil. Terasaki Electric Co's Total Assets for the quarter that ended in Sep. 2024 was 円70,099 Mil.

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

TSE:6637' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.67   Max: 0.72
Current: 0.69

During the past 13 years, the highest Equity to Asset Ratio of Terasaki Electric Co was 0.72. The lowest was 0.59. And the median was 0.67.

TSE:6637's Equity-to-Asset is ranked better than
71.63% of 3028 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSE:6637: 0.69

Terasaki Electric Co Equity-to-Asset Historical Data

The historical data trend for Terasaki Electric 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.

Terasaki Electric Co Equity-to-Asset Chart

Terasaki Electric 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 0.67 0.72 0.72 0.68 0.69

Terasaki Electric Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.68 0.68 0.69 0.69 0.69

Competitive Comparison of Terasaki Electric Co's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Terasaki Electric 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.


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

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

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



Terasaki Electric 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.

Terasaki Electric 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
=46791.673/68043.741
=0.69

Terasaki Electric 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
=48067.501/70098.895
=

* 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.


Terasaki Electric Co  (TSE:6637) 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%.


Terasaki Electric Co Equity-to-Asset Related Terms

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


Terasaki Electric Co Business Description

Traded in Other Exchanges
N/A
Address
6-13-47 Kamihigashi, Hirano ku, Osaka, JPN, 547-0002
Terasaki Electric Co Ltd. is engaged in the manufacturing and sale of electric distribution and motor control systems, circuit breakers and electronic devices based on electrical energy control technologies. Its business lines include marine systems, industrial systems, circuit breakers and medical devices. Products offered by the company include medium voltage switch gears, engine room simulator, engine monitoring system, industrial power distribution control system, cogeneration system, moulded case circuit breakers, air circuit breakers, among others. Terasaki also offers engineering and lifecycle services for electrical equipment.

Terasaki Electric Co Headlines

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