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Nishio Holdings Co (TSE:9699) Equity-to-Asset : 0.44 (As of Mar. 2024)


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What is Nishio Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nishio Holdings Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円125,734 Mil. Nishio Holdings Co's Total Assets for the quarter that ended in Mar. 2024 was 円289,190 Mil. Therefore, Nishio Holdings Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.44.

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

TSE:9699' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42   Med: 0.44   Max: 0.48
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of Nishio Holdings Co was 0.48. The lowest was 0.42. And the median was 0.44.

TSE:9699's Equity-to-Asset is ranked worse than
57.53% of 1095 companies
in the Business Services industry
Industry Median: 0.5 vs TSE:9699: 0.44

Nishio Holdings Co Equity-to-Asset Historical Data

The historical data trend for Nishio Holdings 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.

Nishio Holdings Co Equity-to-Asset Chart

Nishio Holdings 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 0.45 0.44 0.43 0.44 0.45

Nishio Holdings 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 0.43 0.44 0.45 0.44 0.44

Competitive Comparison of Nishio Holdings Co's Equity-to-Asset

For the Rental & Leasing Services subindustry, Nishio Holdings 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.


Nishio Holdings Co's Equity-to-Asset Distribution in the Business Services Industry

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

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



Nishio Holdings 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.

Nishio Holdings 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
=122239/272569
=0.45

Nishio Holdings 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
=125734/289190
=0.43

* 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.


Nishio Holdings Co  (TSE:9699) 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%.


Nishio Holdings Co Equity-to-Asset Related Terms

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Nishio Holdings Co (TSE:9699) Business Description

Traded in Other Exchanges
N/A
Address
No. 1-11-17, Higashi Shinsaibashi, Chou-ku, Osaka, JPN, 542-0083
Nishio Holdings Co Ltd is a provider of rental construction and industrial machinery. The company offers rental solutions for construction and industrial machinery, mounting and tunnelling machines for mining operations, and water purification and recycling equipment. The company, through its subsidiaries, also designs, manufactures, and repairs tunnelling machines and other special vehicles, such as special transfer locomotives and battery-driven vehicles at construction sites. The company operates in Asia.

Nishio Holdings Co (TSE:9699) Headlines

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