GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Kyoei Sangyo Co Ltd (TSE:6973) » Definitions » Equity-to-Asset

Kyoeingyo Co (TSE:6973) Equity-to-Asset : 0.40 (As of Dec. 2023)


View and export this data going back to 1962. Start your Free Trial

What is Kyoeingyo Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kyoeingyo Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円16,497 Mil. Kyoeingyo Co's Total Assets for the quarter that ended in Dec. 2023 was 円41,536 Mil. Therefore, Kyoeingyo Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.40.

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

TSE:6973' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.39   Max: 0.42
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Kyoeingyo Co was 0.42. The lowest was 0.37. And the median was 0.39.

TSE:6973's Equity-to-Asset is ranked worse than
79.22% of 1001 companies
in the Semiconductors industry
Industry Median: 0.63 vs TSE:6973: 0.40

Kyoeingyo Co Equity-to-Asset Historical Data

The historical data trend for Kyoeingyo 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.

Kyoeingyo Co Equity-to-Asset Chart

Kyoeingyo 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 0.37 0.38 0.39 0.41 0.41

Kyoeingyo 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 0.39 0.41 0.42 0.39 0.40

Competitive Comparison of Kyoeingyo Co's Equity-to-Asset

For the Semiconductors subindustry, Kyoeingyo 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.


Kyoeingyo Co's Equity-to-Asset Distribution in the Semiconductors Industry

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

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



Kyoeingyo 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.

Kyoeingyo 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
=15275.437/37409.088
=0.41

Kyoeingyo 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
=16496.687/41536.386
=0.40

* 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.


Kyoeingyo Co  (TSE:6973) 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%.


Kyoeingyo Co Equity-to-Asset Related Terms

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


Kyoeingyo Co (TSE:6973) Business Description

Traded in Other Exchanges
N/A
Address
20-4, 2chome, Shoto, Shibuya-ku, Tokyo, JPN, 150-8585
Kyoei Sangyo Co Ltd is a trading company dealing with various electronics related products. The company operates in three business segments - Trading, Software Development and Manufacturing. The Trading segment is involved in the sale of semiconductors, electronic devices, metal materials, industrial equipment, information communication equipment, and environmentally friendly products. The Software Development is involved in the development of software applications, system solutions, embedded systems, IC design for specific industries. The Manufacturing segment is engaged in the production and distribution of printed wiring board, information communication equipment, among others.

Kyoeingyo Co (TSE:6973) Headlines

No Headlines