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Kyushu Leasing Service Co (TSE:8596) Equity-to-Asset : 0.21 (As of Sep. 2024)


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What is Kyushu Leasing Service Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kyushu Leasing Service Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円41,395 Mil. Kyushu Leasing Service Co's Total Assets for the quarter that ended in Sep. 2024 was 円196,505 Mil.

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

TSE:8596' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16   Med: 0.2   Max: 0.22
Current: 0.21

During the past 12 years, the highest Equity to Asset Ratio of Kyushu Leasing Service Co was 0.22. The lowest was 0.16. And the median was 0.20.

TSE:8596's Equity-to-Asset is ranked worse than
85.56% of 1080 companies
in the Business Services industry
Industry Median: 0.51 vs TSE:8596: 0.21

Kyushu Leasing Service Co Equity-to-Asset Historical Data

The historical data trend for Kyushu Leasing Service 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.

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Kyushu Leasing Service Co Equity-to-Asset Chart

Kyushu Leasing Service Co 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 0.21 0.22 0.20 0.21 0.21

Kyushu Leasing Service Co Quarterly Data
Sep19 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 0.21 0.21 0.21 0.21 0.21

Competitive Comparison of Kyushu Leasing Service Co's Equity-to-Asset

For the Rental & Leasing Services subindustry, Kyushu Leasing Service 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.


Kyushu Leasing Service Co's Equity-to-Asset Distribution in the Business Services Industry

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

* The bar in red indicates where Kyushu Leasing Service Co's Equity-to-Asset falls into.



Kyushu Leasing Service 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.

Kyushu Leasing Service Co'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
=39785/193398
=0.21

Kyushu Leasing Service Co'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
=41395/196505
=

* 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.


Kyushu Leasing Service Co  (TSE:8596) 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%.


Kyushu Leasing Service Co Equity-to-Asset Related Terms

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Kyushu Leasing Service Co Business Description

Traded in Other Exchanges
N/A
Address
18 No. 3 No. 4-chome, Hakata-ku, Fukuoka City, JPN
Kyushu Leasing Service Co Ltd is engaged in the business of leasing machinery equipment, leasing real estate, and providing loan. The company offers car leasing service and provides real estate services.

Kyushu Leasing Service Co Headlines

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