The historical rank and industry rank for Nippon Sheet Glass Co's Equity-to-Asset or its related term are showing as below:
NPSGY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06 Med: 0.14 Max: 0.21
Current: 0.12
During the past 13 years, the highest Equity to Asset Ratio of Nippon Sheet Glass Co was 0.21. The lowest was 0.06. And the median was 0.14.
NPSGY's Equity-to-Asset is ranked worse than 93.35% of 1309
companies
in the Vehicles & Parts industry
Industry Median: 0.47
vs NPSGY: 0.12
Nippon Sheet Glass Co Equity-to-Asset Historical Data
The historical data trend for Nippon Sheet Glass 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.
Competitive Comparison of Nippon Sheet Glass Co's Equity-to-Asset
For the Auto Parts subindustry, Nippon Sheet Glass 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.
Nippon Sheet Glass Co's Equity-to-Asset Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Nippon Sheet Glass Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nippon Sheet Glass Co's Equity-to-Asset falls into.
Nippon Sheet Glass 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.
Nippon Sheet Glass Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Nippon Sheet Glass Co (OTCPK:NPSGY) 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%.
Nippon Sheet Glass Co Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Nippon Sheet Glass Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Nippon Sheet Glass Co (Nippon Sheet Glass Co) Business Description
Nippon Sheet Glass Co Ltd manufactures glass and glazing products for many industries. The architectural segment, which accounts for roughly 40% of the company's total revenue, sells flat glass and glazing products to commercial and residential markets and the solar energy sector. The automotive segment, which accounts for roughly half of the company's total revenue, supplies a wide range of automotive glazing to vehicle manufacturers for new vehicles and replacement markets. The technical glass segment sells thin glass and glass fiber products for small displays, lenses, printers, and engine timing belts. Nippon sells its products worldwide, with more than a third of its sales in Europe, roughly a third in Japan and the rest of Asia, and the remaining sales in the Americas.
Nippon Sheet Glass Co (Nippon Sheet Glass Co) Headlines
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