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Future Link Network Co (TSE:9241) Equity-to-Asset : 0.28 (As of Feb. 2024)


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What is Future Link Network Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Future Link Network Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円221 Mil. Future Link Network Co's Total Assets for the quarter that ended in Feb. 2024 was 円781 Mil. Therefore, Future Link Network Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.28.

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

TSE:9241' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.1   Med: 0.34   Max: 0.44
Current: 0.28

During the past 5 years, the highest Equity to Asset Ratio of Future Link Network Co was 0.44. The lowest was -0.10. And the median was 0.34.

TSE:9241's Equity-to-Asset is ranked worse than
74.53% of 1056 companies
in the Media - Diversified industry
Industry Median: 0.52 vs TSE:9241: 0.28

Future Link Network Co Equity-to-Asset Historical Data

The historical data trend for Future Link Network 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.

Future Link Network Co Equity-to-Asset Chart

Future Link Network Co Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
-0.10 0.02 0.42 0.40 0.30

Future Link Network Co Quarterly Data
Aug19 Aug20 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.35 0.35 0.30 0.28 0.28

Competitive Comparison of Future Link Network Co's Equity-to-Asset

For the Advertising Agencies subindustry, Future Link Network 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.


Future Link Network Co's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Future Link Network Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Future Link Network Co's Equity-to-Asset falls into.



Future Link Network 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.

Future Link Network Co's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=226.498/746.927
=0.30

Future Link Network Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=221.473/781.246
=0.28

* 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.


Future Link Network Co  (TSE:9241) 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%.


Future Link Network Co Equity-to-Asset Related Terms

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Future Link Network Co (TSE:9241) Business Description

Traded in Other Exchanges
N/A
Address
4-19-3 Nishifuna, Nishifuna Narishima Building, Chiba Prefecture, Funabashi, JPN, 273-0031
Future Link Network Co Ltd operates a regional information platform Maipure.It is engaged in providing regional information distribution business, public solution business and marketing support business.

Future Link Network Co (TSE:9241) Headlines

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