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Kyoritsu Electric (TSE:6874) Equity-to-Asset : 0.57 (As of Dec. 2024)


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What is Kyoritsu Electric Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kyoritsu Electric's Total Stockholders Equity for the quarter that ended in Dec. 2024 was 円18,539 Mil. Kyoritsu Electric's Total Assets for the quarter that ended in Dec. 2024 was 円32,351 Mil. Therefore, Kyoritsu Electric's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.57.

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

TSE:6874' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.5   Max: 0.58
Current: 0.57

During the past 13 years, the highest Equity to Asset Ratio of Kyoritsu Electric was 0.58. The lowest was 0.36. And the median was 0.50.

TSE:6874's Equity-to-Asset is ranked better than
50.85% of 2458 companies
in the Hardware industry
Industry Median: 0.57 vs TSE:6874: 0.57

Kyoritsu Electric Equity-to-Asset Historical Data

The historical data trend for Kyoritsu Electric'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.

Kyoritsu Electric Equity-to-Asset Chart

Kyoritsu Electric Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.56 0.56 0.54 0.58

Kyoritsu Electric Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.55 0.56 0.58 - 0.57

Competitive Comparison of Kyoritsu Electric's Equity-to-Asset

For the Scientific & Technical Instruments subindustry, Kyoritsu Electric'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.


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

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

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


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Kyoritsu Electric 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.

Kyoritsu Electric's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=17945.126/30944.7
=0.58

Kyoritsu Electric'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
=18538.92/32350.934
=0.57

* 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.


Kyoritsu Electric  (TSE:6874) 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%.


Kyoritsu Electric Equity-to-Asset Related Terms

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Kyoritsu Electric Business Description

Traded in Other Exchanges
N/A
Address
Nakatahon-cho 61-1, Shizuoka Prefecture Shizuoka Suruga-ku, Yubinbango, JPN, 422-8686
Kyoritsu Electric Corp is an engineering solution provider. It provides various systems and testing and measuring instruments. It provides factory automation products such as integrated production control systems, network-based control systems & flows, pressure and temperature sensors. Its civil automation includes a shield machine management system, tunnel boring machine management system.

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