Kankyou No Mikata (TSE:9224) Equity-to-Asset : 0.17 (As of Mar. 2024)

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What is Kankyou No Mikata Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kankyou No Mikata's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円1,024 Mil. Kankyou No Mikata's Total Assets for the quarter that ended in Mar. 2024 was 円5,876 Mil. Therefore, Kankyou No Mikata's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.17.

The historical rank and industry rank for Kankyou No Mikata's Equity-to-Asset or its related term are showing as below:

TSE:9224' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.19 Max: 0.21
Current: 0.17

During the past 4 years, the highest Equity to Asset Ratio of Kankyou No Mikata was 0.21. The lowest was 0.17. And the median was 0.19.

TSE:9224's Equity-to-Asset is not ranked
in the Waste Management industry.
Industry Median: 0.425 vs TSE:9224: 0.17

Kankyou No Mikata Equity-to-Asset Historical Data

The historical data trend for Kankyou No Mikata'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.

Kankyou No Mikata Equity-to-Asset Chart

Kankyou No Mikata Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

0.20

0.19

Kankyou No Mikata Semi-Annual Data
	Sep20	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial			0.21	0.19	0.18	0.19	0.17

Competitive Comparison of Kankyou No Mikata's Equity-to-Asset

For the Waste Management subindustry, Kankyou No Mikata'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.

Kankyou No Mikata's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Kankyou No Mikata's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kankyou No Mikata's Equity-to-Asset falls into.

Kankyou No Mikata 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.

Kankyou No Mikata'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
	=	961.308	/	5037.98
	=	0.19

Kankyou No Mikata'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
	=	1023.758	/	5876.134
	=	0.17

Kankyou No Mikata (TSE:9224) 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%.

Kankyou No Mikata Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Kankyou No Mikata's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Kankyou No Mikata (TSE:9224) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Kankyou No Mikata Inc (TSE:9224) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1019 Kamishinden, Shizuoka Prefecture, Yaizu, JPN, 421-0206

Website

https://www.kankyounomikata.co.jp

Kankyou No Mikata Inc is a is a general waste collection and transportation business. The company collect garbage in Yaizu City, Fujieda City, Shimada City, Yoshida Town, Makinohara City, Omaezaki City, and Kawanehon Town in Shizuoka Prefecture. It operations includes regular collection of business waste to collection of oversized waste and waste generated by moving and cleaning up.

Kankyou No Mikata (TSE:9224) Headlines

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