GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sanko Gosei Ltd (TSE:7888) » Definitions » Equity-to-Asset

Sanko Gosei (TSE:7888) Equity-to-Asset : 0.40 (As of May. 2024)


View and export this data going back to 1995. Start your Free Trial

What is Sanko Gosei Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sanko Gosei's Total Stockholders Equity for the quarter that ended in May. 2024 was 円29,910 Mil. Sanko Gosei's Total Assets for the quarter that ended in May. 2024 was 円74,930 Mil. Therefore, Sanko Gosei's Equity to Asset Ratio for the quarter that ended in May. 2024 was 0.40.

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

TSE:7888' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.37   Max: 0.41
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of Sanko Gosei was 0.41. The lowest was 0.27. And the median was 0.37.

TSE:7888's Equity-to-Asset is ranked worse than
78.85% of 1012 companies
in the Semiconductors industry
Industry Median: 0.63 vs TSE:7888: 0.40

Sanko Gosei Equity-to-Asset Historical Data

The historical data trend for Sanko Gosei'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.

Sanko Gosei Equity-to-Asset Chart

Sanko Gosei Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.36 0.39 0.39 0.40

Sanko Gosei Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 0.39 0.40 0.39 0.39 0.40

Competitive Comparison of Sanko Gosei's Equity-to-Asset

For the Semiconductor Equipment & Materials subindustry, Sanko Gosei'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.


Sanko Gosei's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Sanko Gosei's Equity-to-Asset distribution charts can be found below:

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



Sanko Gosei 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.

Sanko Gosei's Equity to Asset Ratio for the fiscal year that ended in May. 2024 is calculated as

Equity to Asset (A: May. 2024 )=Total Stockholders Equity/Total Assets
=29910/74930
=0.40

Sanko Gosei's Equity to Asset Ratio for the quarter that ended in May. 2024 is calculated as

Equity to Asset (Q: May. 2024 )=Total Stockholders Equity/Total Assets
=29910/74930
=0.40

* 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.


Sanko Gosei  (TSE:7888) 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%.


Sanko Gosei Equity-to-Asset Related Terms

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


Sanko Gosei Business Description

Traded in Other Exchanges
N/A
Address
1200 Habushin, Toyama Prefecture, Nanto, JPN, 939-1698
Sanko Gosei Ltd is engaged in the molding and sales of plastic parts, production and assembly of mechanical/digital parts, design, production, and sales of molds for plastic molded parts, industrial products, industrial robots, and dispatching workers, among others.

Sanko Gosei Headlines

No Headlines