Zenken (TSE:7371) Equity-to-Asset : 0.85 (As of Mar. 2024)

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What is Zenken Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zenken's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円12,261 Mil. Zenken's Total Assets for the quarter that ended in Mar. 2024 was 円14,359 Mil. Therefore, Zenken's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.85.

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

TSE:7371' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.76 Med: 0.81 Max: 0.86
Current: 0.85

During the past 5 years, the highest Equity to Asset Ratio of Zenken was 0.86. The lowest was 0.76. And the median was 0.81.

TSE:7371's Equity-to-Asset is ranked better than
92.15% of 1095 companies
in the Business Services industry
Industry Median: 0.5 vs TSE:7371: 0.85

Zenken Equity-to-Asset Historical Data

The historical data trend for Zenken'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.

Zenken Equity-to-Asset Chart

Zenken Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

0.76

0.78

0.79

0.80

0.86

Zenken Quarterly Data
	Jun19	Jun20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial										0.84	0.86	0.85	0.85	0.85

Competitive Comparison of Zenken's Equity-to-Asset

For the Specialty Business Services subindustry, Zenken'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.

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

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

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

Zenken 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.

Zenken's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	12354.755	/	14370.71
	=	0.86

Zenken's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	12261.428	/	14358.799
	=	0.85

Zenken (TSE:7371) 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%.

Zenken Equity-to-Asset Related Terms

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

Zenken (TSE:7371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Zenken Corp (TSE:7371) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-18-1 Nishi-Shinjuku, Sumitomo Fudosan Shinjuku Central Park Tower, Shinjuku-ku, Tokyo, JPN, 160-8361

Website

https://www.zenken.co.jp

Zenken Corp is engaged in the planning, development, production, operation, management and consulting business related to various internet digital media. Further, it is also involved in organizing, opening, and operation of language schools and training sessions? real estate leasing? and all other related businesses.

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