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Takamisawa Co (TSE:5283) Equity-to-Asset : 0.34 (As of Dec. 2023)


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What is Takamisawa Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Takamisawa Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円13,956 Mil. Takamisawa Co's Total Assets for the quarter that ended in Dec. 2023 was 円41,104 Mil. Therefore, Takamisawa Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.34.

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

TSE:5283' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.28   Max: 0.35
Current: 0.34

During the past 13 years, the highest Equity to Asset Ratio of Takamisawa Co was 0.35. The lowest was 0.23. And the median was 0.28.

TSE:5283's Equity-to-Asset is ranked worse than
82.82% of 390 companies
in the Building Materials industry
Industry Median: 0.54 vs TSE:5283: 0.34

Takamisawa Co Equity-to-Asset Historical Data

The historical data trend for Takamisawa 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.

Takamisawa Co Equity-to-Asset Chart

Takamisawa Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.31 0.34 0.35 0.35

Takamisawa 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 0.33 0.34 0.35 0.34 0.34

Competitive Comparison of Takamisawa Co's Equity-to-Asset

For the Building Materials subindustry, Takamisawa 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.


Takamisawa Co's Equity-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Takamisawa Co's Equity-to-Asset distribution charts can be found below:

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



Takamisawa 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.

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

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=13197/37428
=0.35

Takamisawa 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
=13956/41104
=0.34

* 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.


Takamisawa Co  (TSE:5283) 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%.


Takamisawa Co Equity-to-Asset Related Terms

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Takamisawa Co (TSE:5283) Business Description

Traded in Other Exchanges
N/A
Address
1605-14 Midori Nagano-shi, 7th floor, Takamisawa diamond building, Nagano Prefecture, Nagano, JPN, 380-0813
Takamisawa Co Ltd is a Japanese based company operating in the businesses of construction, electrical construction material, car life, and housing and lifestyle. In the Construction business, the company manufactures and sells secondary concrete products, ready-mixed concrete, sand, gravel, and cement. It is also engaged in the civil engineering and construction, and infrastructure development of mansion, ports and harbors, among others.

Takamisawa Co (TSE:5283) Headlines

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