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Gunma Bank (TSE:8334) Equity-to-Asset : 0.05 (As of Dec. 2023)


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What is Gunma Bank Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gunma Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円537,184 Mil. Gunma Bank's Total Assets for the quarter that ended in Dec. 2023 was 円10,674,792 Mil. Therefore, Gunma Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.05.

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

TSE:8334' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.05   Med: 0.06   Max: 0.07
Current: 0.05

During the past 13 years, the highest Equity to Asset Ratio of Gunma Bank was 0.07. The lowest was 0.05. And the median was 0.06.

TSE:8334's Equity-to-Asset is ranked worse than
89.37% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs TSE:8334: 0.05

Gunma Bank Equity-to-Asset Historical Data

The historical data trend for Gunma Bank'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.

Gunma Bank Equity-to-Asset Chart

Gunma Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.05 0.05 0.05 0.05

Gunma Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of Gunma Bank's Equity-to-Asset

For the Banks - Regional subindustry, Gunma Bank'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.


Gunma Bank's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Gunma Bank's Equity-to-Asset distribution charts can be found below:

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



Gunma Bank 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.

Gunma Bank'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
=573094/10818218
=0.05

Gunma Bank's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=537184/10674792
=0.05

* 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.


Gunma Bank  (TSE:8334) 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%.


Gunma Bank Equity-to-Asset Related Terms

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Gunma Bank (TSE:8334) Business Description

Traded in Other Exchanges
N/A
Address
194 Motosojamachi, Gunma Prefecture, Maebashi, JPN, 371-8611
Gunma Bank Ltd is a Japan-based company that is principally engaged in providing banking services. As a regional bank, the company conducts businesses mainly in Gunma Prefecture and neighboring areas. The company's core segments include the banking segment and the leasing segment, with the banking segment contributing most of the company's revenue. The company also has a securities business, a guarantee business, a credit card business, and other businesses.

Gunma Bank (TSE:8334) Headlines

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