TYHOF (Toyota Tsusho) Equity-to-Asset: 0.37 (As of Mar. 2026) — 32% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TYHOF Toyota Tsusho Corp TYHOF
71 GF Score
Price $38.56
GF Value $21.85
Valuation Significantly Overvalued
View Full Analysis

What is Toyota Tsusho Equity-to-Asset?

Toyota Tsusho TYHOF 71 Equity-to-Asset is 0.37 as of Mar. 2026, which is 32% above its 10-year median of 0.28. GuruFocus rates TYHOF with a GF Score™ of 71/100 and a GF Value™ of $21.85 (Significantly Overvalued). Among 569 Conglomerates companies, Toyota Tsusho ranks worse than 62.39% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Toyota Tsusho's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $19,898 Mil. Toyota Tsusho's Total Assets for the quarter that ended in Mar. 2026 was $53,715 Mil. Therefore, Toyota Tsusho's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.37.

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

TYHOF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.28   Max: 0.37
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of Toyota Tsusho was 0.37. The lowest was 0.25. And the median was 0.28.

TYHOF's Equity-to-Asset is ranked worse than
62.39% of 569 companies
in the Conglomerates industry
Industry Median: 0.45 vs TYHOF: 0.37

Toyota Tsusho  (OTCPK:TYHOF) 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%.


Toyota Tsusho Equity-to-Asset Related Terms


Toyota Tsusho Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Toyota Tsusho'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.

Toyota Tsusho Equity-to-Asset Chart

Toyota Tsusho Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.30 0.35 0.37 0.37

Toyota Tsusho Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.37 0.38 0.37 0.37 0.37

TYHOF vs HON, MMM: Equity-to-Asset Comparison

For the Conglomerates subindustry, Toyota Tsusho'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.


Toyota Tsusho Equity-to-Asset vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Toyota Tsusho's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Toyota Tsusho's Equity-to-Asset falls into.


TYHOF
71GF Score
Toyota Tsusho Corp TYHOF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyota Tsusho 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.

Toyota Tsusho's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=19898.325/53715.162
=0.37

Toyota Tsusho's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=19898.325/53715.162
=0.37

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.37 mean?
Toyota Tsusho (TYHOF) has a Equity-to-Asset of 0.37 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Toyota Tsusho and its competitors. This is 32% above median its historical median of 0.28. Over the past decade, Toyota Tsusho's Equity-to-Asset has ranged from 0.25 to 0.37. According to the industry distribution chart, Toyota Tsusho ranks #355 out of 569 companies in the Conglomerates industry, placing it in the top 62.4%.
Is Toyota Tsusho's Equity-to-Asset too high?
Toyota Tsusho's current Equity-to-Asset of 0.37 is 32% above median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.37. The Conglomerates industry median Equity-to-Asset is 0.45. Toyota Tsusho's value of 0.37 is 17.8% below this industry median. Based on the distribution chart, Toyota Tsusho ranks #355 out of 569 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Toyota Tsusho has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyota Tsusho's Equity-to-Asset compare to HON and MMM?
According to the Conglomerates industry distribution chart, Toyota Tsusho ranks #355 out of 569 companies for Equity-to-Asset. This places Toyota Tsusho in the lower half of its industry. The industry median Equity-to-Asset is 0.45. Toyota Tsusho's value of 0.37 is 17.8% below this benchmark. Historically, Toyota Tsusho's own Equity-to-Asset has ranged from 0.25 to 0.37 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 0.45, Toyota Tsusho has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Conglomerates company?
The median Equity-to-Asset among Conglomerates companies is 0.45, based on 569 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toyota Tsusho's current Equity-to-Asset of 0.37 is 17.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Toyota Tsusho and its competitors. For the Conglomerates industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyota Tsusho's current Equity-to-Asset is 0.37, which is 32% above median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyota Tsusho stock overvalued right now?
Based on GuruFocus' analysis, Toyota Tsusho (TYHOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.85, compared to a current price of $38.56 — trading 76.5% above its estimated fair value. The current Equity-to-Asset is 0.37, which is 32% above median its 10-year median of 0.28 and 17.8% below the Conglomerates industry median of 0.45. Toyota Tsusho's overall GF Score™ is 71/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Toyota Tsusho (TYHOF), the current Equity-to-Asset is 0.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Toyota Tsusho (TYHOF) Overvalued in 2026?

Based on GuruFocus' analysis, Toyota Tsusho stock appears to be overvalued. The current stock price of $38.56 is trading 76.5% above its estimated GF Value™ of $21.85. GuruFocus considers Toyota Tsusho to be Significantly Overvalued.

Key valuation signals for TYHOF:

  • Equity-to-Asset: 0.37 (32% above median its 10-year median of 0.28)
  • GF Value™: $21.85 vs. price of $38.56 (76.5% above fair value)
  • GF Score™: 71/100
  • Industry Position: 17.8% below the Conglomerates median (#355 of 569)

No single metric tells the full story. See the TYHOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyota Tsusho Business Description

Address 9-8 Meieki 4-chome, Century Toyota Building, Nakamura-ku, Nagoya, JPN, 450-8575
Toyota Tsusho Corp is a Japan-based company involved in trading diverse products, along with the manufacturing, processing, sales, investment, and related service activities. The company operates through segments including Africa, Circular Economy, Digital Solutions, Green Infrastructure, Lifestyle, Metal Plus, Mobility, Supply Chain, and Others. It generates the majority of its revenue from the Metal Plus segment, which processes, manufactures, treats, and sells steel products and nonferrous metal ingots, among others.
71GF Score

Get the complete analysis for TYHOF

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.56
Price
$21.85
GF Value