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Bank of Innovation (TSE:4393) Equity-to-Asset : 0.61 (As of Dec. 2023)


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What is Bank of Innovation Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bank of Innovation's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円4,062 Mil. Bank of Innovation's Total Assets for the quarter that ended in Dec. 2023 was 円6,675 Mil. Therefore, Bank of Innovation's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.61.

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

TSE:4393' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.39   Max: 0.61
Current: 0.61

During the past 8 years, the highest Equity to Asset Ratio of Bank of Innovation was 0.61. The lowest was 0.13. And the median was 0.39.

TSE:4393's Equity-to-Asset is ranked worse than
53.34% of 598 companies
in the Interactive Media industry
Industry Median: 0.64 vs TSE:4393: 0.61

Bank of Innovation Equity-to-Asset Historical Data

The historical data trend for Bank of Innovation'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.

Bank of Innovation Equity-to-Asset Chart

Bank of Innovation Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial 0.45 0.40 0.29 0.20 0.45

Bank of Innovation 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 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 0.37 0.47 0.46 0.45 0.61

Competitive Comparison of Bank of Innovation's Equity-to-Asset

For the Electronic Gaming & Multimedia subindustry, Bank of Innovation'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.


Bank of Innovation's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Bank of Innovation's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Bank of Innovation's Equity-to-Asset falls into.



Bank of Innovation 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.

Bank of Innovation's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=3677/8093
=0.45

Bank of Innovation'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
=4062/6675
=0.61

* 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.


Bank of Innovation  (TSE:4393) 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%.


Bank of Innovation Equity-to-Asset Related Terms

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Bank of Innovation (TSE:4393) Business Description

Traded in Other Exchanges
N/A
Address
6-27-30 Shinjuku, Shinjuku East Square, shinjuku-ku, Tokyo, JPN, 160-0022
Bank of Innovation Inc is engaged in development and operation of game application for smartphone. Some of the products offered by the company include mitrasphere, cryptolact, and conquest fighting.

Bank of Innovation (TSE:4393) Headlines

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