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New Constructor's Network Co (TSE:7057) Equity-to-Asset : 0.31 (As of Dec. 2023)


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What is New Constructor's Network Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. New Constructor's Network Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円1,882 Mil. New Constructor's Network Co's Total Assets for the quarter that ended in Dec. 2023 was 円6,130 Mil. Therefore, New Constructor's Network Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.31.

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

TSE:7057' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.33   Max: 0.39
Current: 0.31

During the past 7 years, the highest Equity to Asset Ratio of New Constructor's Network Co was 0.39. The lowest was 0.26. And the median was 0.33.

TSE:7057's Equity-to-Asset is ranked worse than
71.69% of 1692 companies
in the Construction industry
Industry Median: 0.45 vs TSE:7057: 0.31

New Constructor's Network Co Equity-to-Asset Historical Data

The historical data trend for New Constructor's Network 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.

New Constructor's Network Co Equity-to-Asset Chart

New Constructor's Network Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 0.35 0.38 0.38 0.32 0.30

New Constructor's Network 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 0.31 0.30 0.29 0.31 0.31

Competitive Comparison of New Constructor's Network Co's Equity-to-Asset

For the Engineering & Construction subindustry, New Constructor's Network 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.


New Constructor's Network Co's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, New Constructor's Network Co's Equity-to-Asset distribution charts can be found below:

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



New Constructor's Network 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.

New Constructor's Network 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
=2040.85/6849.325
=0.30

New Constructor's Network 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
=1882.386/6129.632
=0.31

* 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.


New Constructor's Network Co  (TSE:7057) 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%.


New Constructor's Network Co Equity-to-Asset Related Terms

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New Constructor's Network Co (TSE:7057) Business Description

Traded in Other Exchanges
N/A
Address
A-PLACE Shinagawa Higashi, 1-7-18 Minato-ku, Tokyo, JPN, 108-0075
New Constructor's Network Co Ltd is engaged in wooden earthquake-resistant design project. The company is also engaged in construction company network, housing brand, design office network, and Construction related support such as Registration contractor support, Support for long-term superior housing certification application, Insurance financial support.

New Constructor's Network Co (TSE:7057) Headlines

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