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Fast Retailing Co (TSE:9983) Equity-to-Asset : 0.56 (As of Aug. 2024)


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What is Fast Retailing Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fast Retailing Co's Total Stockholders Equity for the quarter that ended in Aug. 2024 was 円2,016,535 Mil. Fast Retailing Co's Total Assets for the quarter that ended in Aug. 2024 was 円3,587,565 Mil. Therefore, Fast Retailing Co's Equity to Asset Ratio for the quarter that ended in Aug. 2024 was 0.56.

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

TSE:9983' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.48   Max: 0.65
Current: 0.56

During the past 13 years, the highest Equity to Asset Ratio of Fast Retailing Co was 0.65. The lowest was 0.40. And the median was 0.48.

TSE:9983's Equity-to-Asset is ranked better than
67.53% of 1121 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs TSE:9983: 0.56

Fast Retailing Co Equity-to-Asset Historical Data

The historical data trend for Fast Retailing 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.

Fast Retailing Co Equity-to-Asset Chart

Fast Retailing Co Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.45 0.49 0.55 0.56

Fast Retailing Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.55 0.55 0.57 0.58 0.56

Competitive Comparison of Fast Retailing Co's Equity-to-Asset

For the Apparel Retail subindustry, Fast Retailing 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.


Fast Retailing Co's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fast Retailing Co's Equity-to-Asset distribution charts can be found below:

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



Fast Retailing 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.

Fast Retailing Co's Equity to Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

Equity to Asset (A: Aug. 2024 )=Total Stockholders Equity/Total Assets
=2016535/3587565
=0.56

Fast Retailing Co's Equity to Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

Equity to Asset (Q: Aug. 2024 )=Total Stockholders Equity/Total Assets
=2016535/3587565
=0.56

* 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.


Fast Retailing Co  (TSE:9983) 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%.


Fast Retailing Co Equity-to-Asset Related Terms

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


Fast Retailing Co Business Description

Traded in Other Exchanges
Address
10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894
Fast Retailing is Japan's largest apparel company, operating the casualwear retail chain Uniqlo known for its high-quality functional apparel at reasonable prices. Fast Retailing is in charge of product design and sales, while outsourcing almost all of its production to factories in places including China, Vietnam, Bangladesh, Indonesia, and India. It is ranked the fourth-largest apparel company by sales globally in 2023 in our estimate, thanks to the expansion of Uniqlo International, which contributed 52% of core operating profit. As at the end of fiscal 2023, it ran 3,578 stores globally. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, and Princesse Tam Tam. The Yanai family owned a 40.86% stake in the firm as at June 8, 2024.

Fast Retailing Co Headlines

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