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Edge Technology (TSE:4268) Equity-to-Asset : 0.69 (As of Jan. 2024)


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What is Edge Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Edge Technology's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円677 Mil. Edge Technology's Total Assets for the quarter that ended in Jan. 2024 was 円976 Mil. Therefore, Edge Technology's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.69.

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

TSE:4268' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.6   Max: 0.69
Current: 0.69

During the past 4 years, the highest Equity to Asset Ratio of Edge Technology was 0.69. The lowest was 0.19. And the median was 0.60.

TSE:4268's Equity-to-Asset is ranked better than
69.83% of 2841 companies
in the Software industry
Industry Median: 0.55 vs TSE:4268: 0.69

Edge Technology Equity-to-Asset Historical Data

The historical data trend for Edge Technology'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.

Edge Technology Equity-to-Asset Chart

Edge Technology Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Equity-to-Asset
0.19 0.29 0.50 0.66

Edge Technology Quarterly Data
Apr20 Apr21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.66 0.68 0.66 0.69

Competitive Comparison of Edge Technology's Equity-to-Asset

For the Software - Infrastructure subindustry, Edge Technology'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.


Edge Technology's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Edge Technology's Equity-to-Asset distribution charts can be found below:

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



Edge Technology 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.

Edge Technology'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
=606.332/925.897
=0.65

Edge Technology'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
=676.765/976.143
=0.69

* 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.


Edge Technology  (TSE:4268) 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%.


Edge Technology Equity-to-Asset Related Terms

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


Edge Technology (TSE:4268) Business Description

Traded in Other Exchanges
N/A
Address
1-32-7 Kanda Sudacho, Cress Real Estate Kanda Building 5th Floor, Tokyo, JPN
Edge Technology Inc is engaged in the AI implementation support and big data analysis consulting business.

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