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Land Business Co (TSE:8944) Equity-to-Asset : 0.35 (As of Mar. 2024)


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What is Land Business Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Land Business Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円18,556 Mil. Land Business Co's Total Assets for the quarter that ended in Mar. 2024 was 円53,750 Mil. Therefore, Land Business Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.35.

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

TSE:8944' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.35   Max: 0.37
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of Land Business Co was 0.37. The lowest was 0.28. And the median was 0.35.

TSE:8944's Equity-to-Asset is ranked worse than
64.58% of 1821 companies
in the Real Estate industry
Industry Median: 0.45 vs TSE:8944: 0.35

Land Business Co Equity-to-Asset Historical Data

The historical data trend for Land Business 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.

Land Business Co Equity-to-Asset Chart

Land Business Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.33 0.34 0.34 0.35

Land Business Co 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 0.35 0.35 0.35 0.36 0.35

Competitive Comparison of Land Business Co's Equity-to-Asset

For the Real Estate Services subindustry, Land Business 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.


Land Business Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Land Business Co's Equity-to-Asset distribution charts can be found below:

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



Land Business 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.

Land Business Co's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=18718.708/53877.16
=0.35

Land Business Co'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
=18556.117/53749.583
=0.35

* 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.


Land Business Co  (TSE:8944) 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%.


Land Business Co Equity-to-Asset Related Terms

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


Land Business Co Business Description

Traded in Other Exchanges
N/A
Address
Kasumigaseki Building 30th Floor, Kasumigaseki 3-2-5, Chiyoda-ku, Tokyo, JPN
Land Business Co Ltd is a real estate services company based in Japan. The company operates through two segments: Real Estate Investment business and Design and Construction business. In the Real Estate Investment business, the company acquires land, inject the know-how, cultivated in the design and build office buildings. The Design and Construction business consists of design supervision business, building and consulting business to support real estate owners.

Land Business Co Headlines

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