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Kyosan Electric Manufacturing Co (TSE:6742) Equity-to-Asset : 0.37 (As of Sep. 2024)


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What is Kyosan Electric Manufacturing Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kyosan Electric Manufacturing Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円46,588 Mil. Kyosan Electric Manufacturing Co's Total Assets for the quarter that ended in Sep. 2024 was 円126,051 Mil. Therefore, Kyosan Electric Manufacturing Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.37.

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

TSE:6742' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.44   Max: 0.52
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of Kyosan Electric Manufacturing Co was 0.52. The lowest was 0.33. And the median was 0.44.

TSE:6742's Equity-to-Asset is ranked worse than
78.2% of 2473 companies
in the Hardware industry
Industry Median: 0.56 vs TSE:6742: 0.37

Kyosan Electric Manufacturing Co Equity-to-Asset Historical Data

The historical data trend for Kyosan Electric Manufacturing 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.

Kyosan Electric Manufacturing Co Equity-to-Asset Chart

Kyosan Electric Manufacturing 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 0.43 0.36 0.40 0.40 0.38

Kyosan Electric Manufacturing Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.39 0.37 0.38 - 0.37

Competitive Comparison of Kyosan Electric Manufacturing Co's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, Kyosan Electric Manufacturing 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.


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

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

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



Kyosan Electric Manufacturing 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.

Kyosan Electric Manufacturing 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
=49646/129563
=0.38

Kyosan Electric Manufacturing 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
=46588/126051
=0.37

* 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.


Kyosan Electric Manufacturing Co  (TSE:6742) 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%.


Kyosan Electric Manufacturing Co Equity-to-Asset Related Terms

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Kyosan Electric Manufacturing Co Business Description

Traded in Other Exchanges
N/A
Address
29-1, 2-chome, Heian-cho, Tsurumi-ku, Yokohama, JPN, 230-0031
Kyosan Electric Manufacturing Co Ltd is a manufacturer of signal systems. The company's products include railway signaling solutions, traffic management solutions. information systems, safeguards for passenger transfer area, and others.

Kyosan Electric Manufacturing Co Headlines

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