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Seiwa Electric Mfg Co (TSE:6748) Equity-to-Asset : 0.57 (As of Dec. 2024)


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What is Seiwa Electric Mfg Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Seiwa Electric Mfg Co's Total Stockholders Equity for the quarter that ended in Dec. 2024 was 円17,240 Mil. Seiwa Electric Mfg Co's Total Assets for the quarter that ended in Dec. 2024 was 円30,379 Mil.

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

TSE:6748' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.45   Max: 0.59
Current: 0.57

During the past 13 years, the highest Equity to Asset Ratio of Seiwa Electric Mfg Co was 0.59. The lowest was 0.34. And the median was 0.45.

TSE:6748's Equity-to-Asset is ranked better than
51.72% of 3032 companies
in the Industrial Products industry
Industry Median: 0.57 vs TSE:6748: 0.57

Seiwa Electric Mfg Co Equity-to-Asset Historical Data

The historical data trend for Seiwa Electric Mfg 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.

Seiwa Electric Mfg Co Equity-to-Asset Chart

Seiwa Electric Mfg Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.37 0.44 0.50 0.56

Seiwa Electric Mfg Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
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 0.57 0.56 0.57 0.59 0.57

Competitive Comparison of Seiwa Electric Mfg Co's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Seiwa Electric Mfg 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.


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

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

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


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Seiwa Electric Mfg 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.

Seiwa Electric Mfg 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
=15616.965/27939.306
=0.56

Seiwa Electric Mfg Co's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=17239.999/30378.777
=

* 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.


Seiwa Electric Mfg Co  (TSE:6748) 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%.


Seiwa Electric Mfg Co Equity-to-Asset Related Terms

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Seiwa Electric Mfg Co Business Description

Traded in Other Exchanges
N/A
Address
36 Pond, Teradashin, Joyo, Kyoto, JPN
Seiwa Electric Mfg Co Ltd manufactures electronic components in Japan. Its products include an Information display system, road and tunnel lighting fixtures for the industrial segment, LED lighting products, noise protection products, and wiring protection solutions.

Seiwa Electric Mfg Co Headlines

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