Ajinomoto Co (TSE:2802) Equity-to-Asset : 0.45 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ajinomoto Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円805,939 Mil. Ajinomoto Co's Total Assets for the quarter that ended in Dec. 2023 was 円1,785,526 Mil. Therefore, Ajinomoto Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.45.

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

TSE:2802' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4 Med: 0.47 Max: 0.56
Current: 0.45

During the past 13 years, the highest Equity to Asset Ratio of Ajinomoto Co was 0.56. The lowest was 0.40. And the median was 0.47.

TSE:2802's Equity-to-Asset is ranked worse than
61.97% of 1917 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs TSE:2802: 0.45

Ajinomoto Co Equity-to-Asset Historical Data

The historical data trend for Ajinomoto 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.

* Premium members only.

Ajinomoto Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.44

0.40

0.43

0.47

0.51

Ajinomoto Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.48	0.51	0.48	0.49	0.45

Competitive Comparison

For the Packaged Foods subindustry, Ajinomoto 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.

Ajinomoto Co Equity-to-Asset Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's Equity-to-Asset distribution charts can be found below:

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

Ajinomoto 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.

Ajinomoto Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	768676	/	1511734
	=	0.51

Ajinomoto Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	805939	/	1785526
	=	0.45

Ajinomoto Co (TSE:2802) 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%.

Ajinomoto Co Equity-to-Asset Related Terms

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Ajinomoto Co (TSE:2802) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ajinomoto Co Inc (TSE:2802) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

AJINY:USA AJINF:USA AJI:Germany

Address

15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 104-8315

Website

http://www.ajinomoto.co.jp

Ajinomoto is Japan's leading food company specializing in amino acids and seasonings derived from amino acid fermentation technologies. It also produces processed foods including dry soup mixes, frozen foods, and beverage products. Apart from the consumer business, it is a key supplier of MSG and nucleotides to global food manufacturers including Nestle. The food business represents nearly three fourths of group sales and 80%-plus of profits with nearly two thirds generated overseas. Healthcare and function materials (mainly Ajinomoto build-up film, or ABF), the key growth drivers through 2030, make up the balance of its business portfolio. The nonfood businesses are expected to contribute half of the group profits by 2030, boosted by ABF and CDMO growth.

Ajinomoto Co (TSE:2802) Headlines

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