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Koyou Rentia Co (TSE:7081) Equity-to-Asset : 0.55 (As of Jun. 2024)


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What is Koyou Rentia Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Koyou Rentia Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was 円10,165 Mil. Koyou Rentia Co's Total Assets for the quarter that ended in Jun. 2024 was 円18,576 Mil. Therefore, Koyou Rentia Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.55.

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

TSE:7081' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.44   Max: 0.55
Current: 0.55

During the past 7 years, the highest Equity to Asset Ratio of Koyou Rentia Co was 0.55. The lowest was 0.14. And the median was 0.44.

TSE:7081's Equity-to-Asset is ranked better than
55.32% of 1081 companies
in the Business Services industry
Industry Median: 0.51 vs TSE:7081: 0.55

Koyou Rentia Co Equity-to-Asset Historical Data

The historical data trend for Koyou Rentia 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.

Koyou Rentia Co Equity-to-Asset Chart

Koyou Rentia Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.23 0.42 0.47 0.48 0.51

Koyou Rentia Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.51 0.50 0.51 0.49 0.55

Competitive Comparison of Koyou Rentia Co's Equity-to-Asset

For the Rental & Leasing Services subindustry, Koyou Rentia 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.


Koyou Rentia Co's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Koyou Rentia Co's Equity-to-Asset distribution charts can be found below:

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



Koyou Rentia 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.

Koyou Rentia 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
=9776.089/19263.565
=0.51

Koyou Rentia Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=10165.388/18576.017
=0.55

* 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.


Koyou Rentia Co  (TSE:7081) 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%.


Koyou Rentia Co Equity-to-Asset Related Terms

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


Koyou Rentia Co Business Description

Traded in Other Exchanges
N/A
Address
6-17-15 Shinbashi, Minato-ku, Ryoshin Onarimon Bldg. 6th Floor, Tokyo, JPN, 105-0004
Koyou Rentia Co Ltd is engaged in provision of equipment rental and incidental services business. The company rents furniture, fixtures and equipments to companies in construction, real estate brokerage, event organization and other industries in Japan and overseas.

Koyou Rentia Co Headlines

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