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Pasona Group (TSE:2168) Equity-to-Asset : 0.20 (As of Feb. 2024)


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What is Pasona Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pasona Group's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円51,544 Mil. Pasona Group's Total Assets for the quarter that ended in Feb. 2024 was 円254,497 Mil. Therefore, Pasona Group's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.20.

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

TSE:2168' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.24   Max: 0.29
Current: 0.2

During the past 13 years, the highest Equity to Asset Ratio of Pasona Group was 0.29. The lowest was 0.17. And the median was 0.24.

TSE:2168's Equity-to-Asset is ranked worse than
84.8% of 1092 companies
in the Business Services industry
Industry Median: 0.49 vs TSE:2168: 0.20

Pasona Group Equity-to-Asset Historical Data

The historical data trend for Pasona 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.

Pasona Group Equity-to-Asset Chart

Pasona Group Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.23 0.25 0.25 0.20

Pasona Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.20 0.20 0.21 0.21 0.20

Competitive Comparison of Pasona Group's Equity-to-Asset

For the Staffing & Employment Services subindustry, Pasona 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.


Pasona Group's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Pasona Group's Equity-to-Asset distribution charts can be found below:

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



Pasona 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.

Pasona Group's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )=Total Stockholders Equity/Total Assets
=53998/275504
=0.20

Pasona Group's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=51544/254497
=0.20

* 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.


Pasona Group  (TSE:2168) 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%.


Pasona Group Equity-to-Asset Related Terms

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Pasona Group (TSE:2168) Business Description

Traded in Other Exchanges
Address
Otemachi 2-6-4, Chiyoda-ku, Tokyo, JPN, 100-8228
Pasona Group Inc provides human resource related support services. Its segments are Expert services, Insourcing, Others, Career solutions and outsourcing. The segments encompass human resource (HR) solutions, temporary staffing, contracting HR consulting, education and training, place and search, global overseas sourcing career placement, recruiting and outplacement, outsourcing, life solutions and public solutions. Expert services segment generates the majority of the revenues for the company.

Pasona Group (TSE:2168) Headlines

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