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Shikoku Electric Power Co (TSE:9507) Equity-to-Asset : 0.25 (As of Sep. 2024)


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What is Shikoku Electric Power Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shikoku Electric Power Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was 円405,634 Mil. Shikoku Electric Power Co's Total Assets for the quarter that ended in Sep. 2024 was 円1,650,983 Mil. Therefore, Shikoku Electric Power Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.25.

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

TSE:9507' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.22   Max: 0.25
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of Shikoku Electric Power Co was 0.25. The lowest was 0.18. And the median was 0.22.

TSE:9507's Equity-to-Asset is ranked worse than
78.33% of 503 companies
in the Utilities - Regulated industry
Industry Median: 0.37 vs TSE:9507: 0.25

Shikoku Electric Power Co Equity-to-Asset Historical Data

The historical data trend for Shikoku Electric Power 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.

Shikoku Electric Power Co Equity-to-Asset Chart

Shikoku Electric Power 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 0.24 0.23 0.21 0.18 0.22

Shikoku Electric Power Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.22 0.22 - 0.25 0.25

Competitive Comparison of Shikoku Electric Power Co's Equity-to-Asset

For the Utilities - Regulated Electric subindustry, Shikoku Electric Power 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.


Shikoku Electric Power Co's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shikoku Electric Power Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shikoku Electric Power Co's Equity-to-Asset falls into.


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Shikoku Electric Power 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.

Shikoku Electric Power 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
=360489/1629054
=0.22

Shikoku Electric Power 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
=405634/1650983
=0.25

* 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.


Shikoku Electric Power Co  (TSE:9507) 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%.


Shikoku Electric Power Co Equity-to-Asset Related Terms

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Shikoku Electric Power Co Business Description

Traded in Other Exchanges
N/A
Address
2-5 Marunouchi, Takamatsu-shi, Kagawa, JPN, 760-8573
Shikoku Electric Power Co Inc also known as Yonden Group, is an electric utility company that supplies electric power to customers in the Japan's Shikoku region. The company's principal activity is generating, transmitting, and distributing electricity. Shikoku Electric produces energy through its portfolio of coal, nuclear, oil, hydroelectric, and natural gas power plants. Thermal and nuclear assets represent the majority of its electric power generation capacity. Shikoku Electric segments its operations into electric utility, IT/communications, and "other" divisions. The vast majority of the company's revenue is derived by selling electricity produced by coal-fueled facilities and transmitted to industrial and commercial customers.

Shikoku Electric Power Co Headlines

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