ITO EN (TSE:2593) Equity-to-Asset : 0.54 (As of Jan. 2024)

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What is ITO EN Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ITO EN's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円180,797 Mil. ITO EN's Total Assets for the quarter that ended in Jan. 2024 was 円336,898 Mil. Therefore, ITO EN's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.54.

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

TSE:2593' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.48 Max: 0.54
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of ITO EN was 0.54. The lowest was 0.43. And the median was 0.48.

TSE:2593's Equity-to-Asset is ranked worse than
54.55% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.565 vs TSE:2593: 0.54

ITO EN Equity-to-Asset Historical Data

The historical data trend for ITO EN'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.

ITO EN Equity-to-Asset Chart

ITO EN Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Equity-to-Asset

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0.49

0.51

0.46

0.49

0.50

ITO EN Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial															0.52	0.50	0.51	0.51	0.54

Competitive Comparison of ITO EN's Equity-to-Asset

For the Beverages - Non-Alcoholic subindustry, ITO EN'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.

ITO EN's Equity-to-Asset Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, ITO EN's Equity-to-Asset distribution charts can be found below:

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

ITO EN 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.

ITO EN's Equity to Asset Ratio for the fiscal year that ended in Apr. 2023 is calculated as

Equity to Asset (A: Apr. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	170722	/	338774
	=	0.50

ITO EN's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	180797	/	336898
	=	0.54

ITO EN (TSE:2593) 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%.

ITO EN Equity-to-Asset Related Terms

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

ITO EN (TSE:2593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » ITO EN Ltd (TSE:2593) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

ITOEF:USA

Address

47-10, Honmachi 3-chome, Shibuya-ku, Tokyo, JPN, 151-8550

Website

https://www.itoen.co.jp

ITO EN Ltd makes beverages and other tea and nutritional products that it sells in Japan. Ito En primarily sells green tea products, including ready-to-drink beverages, tea bags, and other tea leaf products, under its Oi Ocha brand. Other beverages the company sells include black tea, Chinese tea, coffee, vegetable beverages, fruit beverages, mineral water, and functional beverages. The Leaf- and Drink-Related business segment makes up roughly 90% of the company's total revenue. Most remaining revenue is generated from Ito En's restaurant business, which operates hundreds of Tully's coffee shops in Japan.

ITO EN (TSE:2593) Headlines

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