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Alps Alpine Co (TSE:6770) Equity-to-Asset : 0.54 (As of Sep. 2024)


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What is Alps Alpine Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alps Alpine Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円380,792 Mil. Alps Alpine Co's Total Assets for the quarter that ended in Sep. 2024 was 円703,750 Mil. Therefore, Alps Alpine Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.54.

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

TSE:6770' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.5   Max: 0.56
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of Alps Alpine Co was 0.56. The lowest was 0.31. And the median was 0.50.

TSE:6770's Equity-to-Asset is ranked worse than
53.74% of 2473 companies
in the Hardware industry
Industry Median: 0.56 vs TSE:6770: 0.54

Alps Alpine Co Equity-to-Asset Historical Data

The historical data trend for Alps Alpine 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.

Alps Alpine Co Equity-to-Asset Chart

Alps Alpine 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 0.52 0.50 0.52 0.54 0.52

Alps Alpine 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 0.54 0.53 0.52 0.53 0.54

Competitive Comparison of Alps Alpine Co's Equity-to-Asset

For the Electronic Components subindustry, Alps Alpine 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.


Alps Alpine Co's Equity-to-Asset Distribution in the Hardware Industry

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

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



Alps Alpine 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.

Alps Alpine 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
=391174/753989
=0.52

Alps Alpine 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
=380792/703750
=0.54

* 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.


Alps Alpine Co  (TSE:6770) 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%.


Alps Alpine Co Equity-to-Asset Related Terms

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


Alps Alpine Co Business Description

Traded in Other Exchanges
Address
1-7, Yukigaya-otsukamachi, Ota-ku, Tokyo, JPN, 145-8501
Alps Alpine Co Ltd operates in two major business segments: electronic components, automotive infotainment, lodistics and others.. The electronic components segment develops, manufactures, and sells a broad range of electronic components in both consumer and automotive markets. The automotive infotainment segment develops, produces, and markets audio, information, and communication equipment. The company generates the majority of revenue from the electronic components segment and the automotive infotainment segment. It has a business presence worldwide, with the United States, Japan, China, and Germany its four largest markets.

Alps Alpine Co Headlines

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