Stanley Electric Co (TSE:6923) Equity-to-Asset

: 0.74 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Stanley Electric Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円492,846 Mil. Stanley Electric Co's Total Assets for the quarter that ended in Dec. 2023 was 円666,300 Mil. Therefore, Stanley Electric Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.74.

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

TSE:6923' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66 Med: 0.73 Max: 0.76
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of Stanley Electric Co was 0.76. The lowest was 0.66. And the median was 0.73.

TSE:6923's Equity-to-Asset is ranked better than
86.63% of 1309 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs TSE:6923: 0.74

Stanley Electric Co Equity-to-Asset Historical Data

The historical data trend for Stanley Electric 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.

Stanley Electric Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.73

0.74

0.76

Stanley Electric 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															0.76	0.76	0.74	0.74	0.74

Competitive Comparison

For the Auto Parts subindustry, Stanley Electric 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.

Stanley Electric Co Equity-to-Asset Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Stanley Electric Co's Equity-to-Asset distribution charts can be found below:

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

Stanley Electric 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.

Stanley Electric 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
	=	476641	/	629611
	=	0.76

Stanley Electric 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
	=	492846	/	666300
	=	0.74

Stanley Electric Co (TSE:6923) 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%.

Stanley Electric Co Equity-to-Asset Related Terms

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Stanley Electric Co (TSE:6923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Stanley Electric Co Ltd (TSE:6923) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

STAA:Germany

Address

2-9-13 Nakameguro, Meguro-ku, Tokyo, JPN, 153-8636

Website

http://www.stanley.co.jp

Stanley Electric Co Ltd makes LED lighting products and operates under three business segments: automotive equipment, electronic components, and applied electronic products. In its automotive equipment business, Stanley Electric produces and sells LED and HID headlamps, rear combination lamps, fog lamps, and automotive and LED bulbs. This business segment generates the lion's share of sales. In its other segments, Stanley Electric makes LEDs, infrared LED lamps, optical sensors, LCDs, subminiature lamps, backlight units for LCDs, flash units for cameras, and operation panels. The largest end markets include Japan, China and Asia-Pacific, and the Americas.

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