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Mizuho Financial Group (FRA:MZ8) Equity-to-Asset : 0.04 (As of Mar. 2024)


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What is Mizuho Financial Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mizuho Financial Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €62,836 Mil. Mizuho Financial Group's Total Assets for the quarter that ended in Mar. 2024 was €1,711,259 Mil. Therefore, Mizuho Financial Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.04.

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

FRA:MZ8' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.04   Max: 0.04
Current: 0.04

During the past 13 years, the highest Equity to Asset Ratio of Mizuho Financial Group was 0.04. The lowest was 0.04. And the median was 0.04.

FRA:MZ8's Equity-to-Asset is ranked worse than
94.61% of 1466 companies
in the Banks industry
Industry Median: 0.09 vs FRA:MZ8: 0.04

Mizuho Financial Group Equity-to-Asset Historical Data

The historical data trend for Mizuho Financial Group'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.

Mizuho Financial Group Equity-to-Asset Chart

Mizuho Financial Group 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 0.04 0.04 0.04 0.04 0.04

Mizuho Financial Group 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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of Mizuho Financial Group's Equity-to-Asset

For the Banks - Regional subindustry, Mizuho Financial Group'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.


Mizuho Financial Group's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mizuho Financial Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Mizuho Financial Group's Equity-to-Asset falls into.



Mizuho Financial Group 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.

Mizuho Financial Group'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
=62835.568/1711258.675
=0.04

Mizuho Financial Group'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
=62835.568/1711258.675
=0.04

* 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.


Mizuho Financial Group  (FRA:MZ8) 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%.


Mizuho Financial Group Equity-to-Asset Related Terms

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


Mizuho Financial Group (FRA:MZ8) Business Description

Address
1-5-5, Otemachi, Otemachi Tower, Chiyoda-ku, Tokyo, JPN, 100-8176
Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2023, Mizuho's market share of domestic loans was 6.7%, compared with 7.1% for SMFG and 8.1% for MUFG. In Japan, Mizuho has more of a corporate focus than SMFG, which has a larger retail business. Its overseas weighting is slightly smaller than that of MUFG. Unlike its two Japanese megabank peers that own foreign banks outright or hold noncontrolling stakes in local banks overseas, Mizuho expanded in recent years beyond its traditional Japanese borrowers, mainly through its core banking and securities units, focusing on the financing needs of global multinational corporations.

Mizuho Financial Group (FRA:MZ8) Headlines

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