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Nippon Paint Holdings Co (TSE:4612) Equity-to-Asset : 0.50 (As of Dec. 2023)


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What is Nippon Paint Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nippon Paint Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円1,358,310 Mil. Nippon Paint Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was 円2,713,341 Mil. Therefore, Nippon Paint Holdings Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

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

TSE:4612' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.52   Max: 0.6
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Nippon Paint Holdings Co was 0.60. The lowest was 0.35. And the median was 0.52.

TSE:4612's Equity-to-Asset is ranked worse than
63.91% of 1571 companies
in the Chemicals industry
Industry Median: 0.59 vs TSE:4612: 0.50

Nippon Paint Holdings Co Equity-to-Asset Historical Data

The historical data trend for Nippon Paint Holdings 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.

Nippon Paint Holdings Co Equity-to-Asset Chart

Nippon Paint Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.35 0.49 0.47 0.50

Nippon Paint Holdings 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 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 0.47 0.48 0.50 0.50 0.50

Competitive Comparison of Nippon Paint Holdings Co's Equity-to-Asset

For the Specialty Chemicals subindustry, Nippon Paint Holdings 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.


Nippon Paint Holdings Co's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nippon Paint Holdings Co's Equity-to-Asset distribution charts can be found below:

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



Nippon Paint Holdings 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.

Nippon Paint Holdings Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1358310/2713341
=0.50

Nippon Paint Holdings 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
=1358310/2713341
=0.50

* 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.


Nippon Paint Holdings Co  (TSE:4612) 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%.


Nippon Paint Holdings Co Equity-to-Asset Related Terms

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


Nippon Paint Holdings Co (TSE:4612) Business Description

Traded in Other Exchanges
Address
2-1-2 Oyodo Kita, Kita-ku, Osaka, JPN, 531-8511
Nippon Paint Holdings Co Ltd is a holding company, which, through its subsidiaries, manufactures and sells a variety of paint and coating products. The firm organizes itself into four operating companies based on end market. The automotive paints division sells paint and temperature-control coatings that are used to cover the body of an automobile. The industrial-use paints division sells paints and coatings for trains and ships. The trade-use paints division sells paints and coatings that are used on buildings, bridges, and roads. The surface treatments division sells anti-corrosive and anti-rust coatings for metal products and electronics. The company organizes itself into three segments based on geography: Japan, Asia, and Americas. The majority of revenue comes from Japan.

Nippon Paint Holdings Co (TSE:4612) Headlines

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