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Japan Smaller Capitalization Fund (Japan Smaller Capitalization Fund) Equity-to-Asset : 0.99 (As of Aug. 2023)


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What is Japan Smaller Capitalization Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Japan Smaller Capitalization Fund's Total Stockholders Equity for the quarter that ended in Aug. 2023 was $252.56 Mil. Japan Smaller Capitalization Fund's Total Assets for the quarter that ended in Aug. 2023 was $254.46 Mil. Therefore, Japan Smaller Capitalization Fund's Equity to Asset Ratio for the quarter that ended in Aug. 2023 was 0.99.

The historical rank and industry rank for Japan Smaller Capitalization Fund's Equity-to-Asset or its related term are showing as below:

JOF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.99   Med: 1   Max: 1
Current: 0.99

During the past 6 years, the highest Equity to Asset Ratio of Japan Smaller Capitalization Fund was 1.00. The lowest was 0.99. And the median was 1.00.

JOF's Equity-to-Asset is ranked better than
90.1% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs JOF: 0.99

Japan Smaller Capitalization Fund Equity-to-Asset Historical Data

The historical data trend for Japan Smaller Capitalization Fund'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.

Japan Smaller Capitalization Fund Equity-to-Asset Chart

Japan Smaller Capitalization Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
Get a 7-Day Free Trial 1.00 1.00 0.99 1.00 1.00

Japan Smaller Capitalization Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.00 1.00 1.00 0.99

Competitive Comparison of Japan Smaller Capitalization Fund's Equity-to-Asset

For the Asset Management subindustry, Japan Smaller Capitalization Fund'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.


Japan Smaller Capitalization Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Japan Smaller Capitalization Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Japan Smaller Capitalization Fund's Equity-to-Asset falls into.



Japan Smaller Capitalization Fund 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.

Japan Smaller Capitalization Fund's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )=Total Stockholders Equity/Total Assets
=229.951/231.035
=1.00

Japan Smaller Capitalization Fund's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Equity to Asset (Q: Aug. 2023 )=Total Stockholders Equity/Total Assets
=252.564/254.458
=0.99

* 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.


Japan Smaller Capitalization Fund  (NYSE:JOF) 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%.


Japan Smaller Capitalization Fund Equity-to-Asset Related Terms

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


Japan Smaller Capitalization Fund (Japan Smaller Capitalization Fund) Business Description

Traded in Other Exchanges
N/A
Address
309 West 49th Street, Worldwide Plaza, New York, NY, USA, 10019
Japan Smaller Capitalization Fund Inc is a United States-based non-diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investments in smaller capitalization Japanese equity securities. Its portfolio of investments consists of different sectors such as banks, chemicals, construction, electric appliances, financing business, food, Information and Communication, Utilities, Real Estate, and others.
Executives
She Yi officer: Assistant Treasurer WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Rodney A Buck director WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Atsushi Katayama other: Lead Portfolio Manager WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Shinichi Masuda officer: Vice President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Melanie Dana Malc officer: Assistant Treasurer WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Paige Ouimet director WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Michael Morronngiello officer: Vice President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Hiroyasu Koike other: CEO to the Adviser of JOF WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Junko Nakagawa other: CEO to the Adviser of JOF WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019-7316
Yuichi Nomoto director, officer: President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019-7316
Zheng Liu officer: Vice President WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019-7316
Takeshi Toyoshima officer: Vice President NOMURA ASSET MANAGEMENT USA INC., 309 WEST 49TH STREET, NEW YORK NY 10019
Lee Kelly So Young officer: Assistant Treasurer NOMURA ASSET MANAGEMENT USA INC., 309 WEST 49TH STREET, NEW YORK NY 10019
Marcia L Macharg director 309 WEST 49TH STREET, NEW YORK NY 10019
Kunio Watanabe other: CEO of Adviser of JOF C/O NOMURA ASSET MANAGEMENT USA INC., 309 WEST 49TH STREET, NEW YORK NY 10019