GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » TOKYO KOKI Co Ltd (TSE:7719) » Definitions » Equity-to-Asset

TOKYO KOKI Co (TSE:7719) Equity-to-Asset : 0.42 (As of Feb. 2024)


View and export this data going back to 1961. Start your Free Trial

What is TOKYO KOKI Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TOKYO KOKI Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円1,520 Mil. TOKYO KOKI Co's Total Assets for the quarter that ended in Feb. 2024 was 円3,665 Mil. Therefore, TOKYO KOKI Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.42.

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

TSE:7719' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22   Med: 0.38   Max: 0.49
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of TOKYO KOKI Co was 0.49. The lowest was 0.22. And the median was 0.38.

TSE:7719's Equity-to-Asset is ranked worse than
72.95% of 3035 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSE:7719: 0.42

TOKYO KOKI Co Equity-to-Asset Historical Data

The historical data trend for TOKYO KOKI 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.

TOKYO KOKI Co Equity-to-Asset Chart

TOKYO KOKI Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.46 0.49 0.41 0.42

TOKYO KOKI Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.41 0.43 0.47 0.44 0.42

Competitive Comparison of TOKYO KOKI Co's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, TOKYO KOKI 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.


TOKYO KOKI Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, TOKYO KOKI Co's Equity-to-Asset distribution charts can be found below:

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



TOKYO KOKI 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.

TOKYO KOKI Co's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Equity to Asset (A: Feb. 2024 )=Total Stockholders Equity/Total Assets
=1520.337/3664.823
=0.41

TOKYO KOKI Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=1520.337/3664.823
=0.41

* 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.


TOKYO KOKI Co  (TSE:7719) 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%.


TOKYO KOKI Co Equity-to-Asset Related Terms

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


TOKYO KOKI Co (TSE:7719) Business Description

Traded in Other Exchanges
N/A
Address
1-9 Kandasakumacho, Chiyoda-ku, Tokyo, JPN, 101-0025
TOKYO KOKI CO.LTD. is engaged in the manufacturing and sales of testing and measuring machines and systems. In addition, it is also involved in manufacturing and distribution of locking nut, locking spring, special spring, bolt and other fastening members. Its product offering includes material testing machine, component testing machine, structure testing machine, power testing machine, performance testing equipment, environmental testing equipment, high temperature/ high-pressure environment testing machine and other testing machines.

TOKYO KOKI Co (TSE:7719) Headlines

No Headlines