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Forum Engineering (TSE:7088) Equity-to-Asset : 0.71 (As of Sep. 2024)


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What is Forum Engineering Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Forum Engineering's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円12,404 Mil. Forum Engineering's Total Assets for the quarter that ended in Sep. 2024 was 円17,560 Mil.

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

TSE:7088' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.6   Max: 0.78
Current: 0.71

During the past 7 years, the highest Equity to Asset Ratio of Forum Engineering was 0.78. The lowest was 0.53. And the median was 0.60.

TSE:7088's Equity-to-Asset is ranked better than
77.35% of 1073 companies
in the Business Services industry
Industry Median: 0.51 vs TSE:7088: 0.71

Forum Engineering Equity-to-Asset Historical Data

The historical data trend for Forum Engineering'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.

Forum Engineering Equity-to-Asset Chart

Forum Engineering Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial 0.75 0.58 0.58 0.68 0.72

Forum Engineering Quarterly Data
Mar19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 0.61 0.65 0.67 0.72 0.71

Competitive Comparison of Forum Engineering's Equity-to-Asset

For the Staffing & Employment Services subindustry, Forum Engineering'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.


Forum Engineering's Equity-to-Asset Distribution in the Business Services Industry

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

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


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Forum Engineering 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.

Forum Engineering'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
=12966/17918
=0.72

Forum Engineering'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
=12404/17560
=

* 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.


Forum Engineering  (TSE:7088) 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%.


Forum Engineering Equity-to-Asset Related Terms

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


Forum Engineering Business Description

Traded in Other Exchanges
N/A
Address
4-3-1 Toranomon Minato-ku, Shiroyama Trust Tower 24th Floor, Tokyo, JPN, 105-6024
Forum Engineering Inc is a provider of human resources. The company's business includes worker dispatch business and paid job placement services. Its services include Cognavi dispatch, Cognavi career change, Cognavi graduate, Cognavi talent management, and Cognavi college.

Forum Engineering Headlines

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