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Osaki Electric Co (TSE:6644) Equity-to-Asset : 0.53 (As of Dec. 2023)


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What is Osaki Electric Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Osaki Electric Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円49,393 Mil. Osaki Electric Co's Total Assets for the quarter that ended in Dec. 2023 was 円94,151 Mil. Therefore, Osaki Electric Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

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

TSE:6644' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.51   Max: 0.6
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Osaki Electric Co was 0.60. The lowest was 0.36. And the median was 0.51.

TSE:6644's Equity-to-Asset is ranked worse than
56.24% of 2493 companies
in the Hardware industry
Industry Median: 0.57 vs TSE:6644: 0.53

Osaki Electric Co Equity-to-Asset Historical Data

The historical data trend for Osaki 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.

Osaki Electric Co Equity-to-Asset Chart

Osaki Electric Co 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 0.49 0.48 0.52 0.50 0.50

Osaki Electric Co 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 0.53 0.50 0.51 0.52 0.53

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

For the Scientific & Technical Instruments subindustry, Osaki 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.


Osaki Electric Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Osaki Electric Co's Equity-to-Asset distribution charts can be found below:

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



Osaki 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.

Osaki Electric Co'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
=46399/93268
=0.50

Osaki Electric Co'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
=49393/94151
=0.52

* 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.


Osaki Electric Co  (TSE:6644) 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%.


Osaki Electric Co Equity-to-Asset Related Terms

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Osaki Electric Co (TSE:6644) Business Description

Traded in Other Exchanges
N/A
Address
2-10-2 Higashi-Gotanda, Shinagawa-ku, Tokyo, JPN, 141-8646
Osaki Electric Co Ltd is a Japan based company engaged in manufacturing measurement and control equipment. Its product offering includes electricity meter, meter transformer, power distribution automation equipment, time switch, demand control equipment, energy management system, automatic meter reading system, smart home-related equipment, optical communications equipment, distribution board, other manufacturing and sales of electrical machinery and equipment.

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