GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Yoshinoya Holdings Co Ltd (TSE:9861) » Definitions » Equity-to-Asset

Yoshinoya Holdings Co (TSE:9861) Equity-to-Asset : 0.53 (As of Nov. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Yoshinoya Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yoshinoya Holdings Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円59,621 Mil. Yoshinoya Holdings Co's Total Assets for the quarter that ended in Nov. 2023 was 円113,168 Mil. Therefore, Yoshinoya Holdings Co's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.53.

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

TSE:9861' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.49   Max: 0.54
Current: 0.53

During the past 13 years, the highest Equity to Asset Ratio of Yoshinoya Holdings Co was 0.54. The lowest was 0.30. And the median was 0.49.

TSE:9861's Equity-to-Asset is ranked better than
75.43% of 350 companies
in the Restaurants industry
Industry Median: 0.37 vs TSE:9861: 0.53

Yoshinoya Holdings Co Equity-to-Asset Historical Data

The historical data trend for Yoshinoya 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.

Yoshinoya Holdings Co Equity-to-Asset Chart

Yoshinoya Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.30 0.43 0.51 0.53

Yoshinoya Holdings Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.51 0.51 0.53 0.53

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

For the Restaurants subindustry, Yoshinoya 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.


Yoshinoya Holdings Co's Equity-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Yoshinoya Holdings Co's Equity-to-Asset distribution charts can be found below:

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



Yoshinoya 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.

Yoshinoya Holdings Co's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Equity to Asset (A: Feb. 2024 )=Total Stockholders Equity/Total Assets
=60360/112936
=0.53

Yoshinoya Holdings Co's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=59621/113168
=0.53

* 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.


Yoshinoya Holdings Co  (TSE:9861) 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%.


Yoshinoya Holdings Co Equity-to-Asset Related Terms

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


Yoshinoya Holdings Co (TSE:9861) Business Description

Traded in Other Exchanges
N/A
Address
36-2 Nihonbashihakozakicho, 18th Floor Daiwa Rivergate, (Reception on 18th Floor, North Wing), Chuo-ku, Tokyo, JPN, 103-0015
Yoshinoya Holdings Co Ltd owns, operates, and franchises thousands of restaurants primarily in Japan. The company has five business segments: Yoshinoya, a restaurant brand that serves gyudon and other fast food and accounts for roughly half of the company's sales; Hanamaru, a self-service sanuki udon restaurant brand; Arcmeal, which operates Steak-no-Don, Shabu Shabu Don-tei, Steak House Volks, and Don Italiano restaurants; Kyotaru, which operates takeout sushi and rotary sushi restaurants called Sushi Misaki Maru, Kaisen Misakiko, and Kyotaru; and Overseas, which operates primarily Yoshinoya restaurants in China, the United States, Thailand, and Malaysia. The company has roughly 2,000 stores in Japan and nearly 700 outside Japan.

Yoshinoya Holdings Co (TSE:9861) Headlines

No Headlines