Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mitsubishi Motors's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円917,237 Mil. Mitsubishi Motors's Total Assets for the quarter that ended in Dec. 2023 was 円2,343,604 Mil.
Therefore, Mitsubishi Motors's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.39.
The historical rank and industry rank for Mitsubishi Motors's Equity-to-Asset or its related term are showing as below:
TSE:7211'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27 Med: 0.4 Max: 0.49
Current: 0.39
During the past 13 years, the highest Equity to Asset Ratio of Mitsubishi Motors was 0.49. The lowest was 0.27. And the median was 0.40.
TSE:7211's Equity-to-Asset is ranked worse than 62.41% of 1309
companies
in the Vehicles & Parts industry
Industry Median: 0.47
vs TSE:7211: 0.39
Mitsubishi Motors Equity-to-Asset Historical Data
The historical data trend for Mitsubishi Motors'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.
Competitive Comparison of Mitsubishi Motors's Equity-to-Asset
For the Auto Manufacturers subindustry, Mitsubishi Motors'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.
Mitsubishi Motors's Equity-to-Asset Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mitsubishi Motors's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Mitsubishi Motors's Equity-to-Asset falls into.
Mitsubishi Motors 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.
Mitsubishi Motors's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
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%.
Mitsubishi Motors Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Mitsubishi Motors's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Mitsubishi Motors is a Japanese automobile manufacturer. The company principally produces small passenger vehicles, electric and hybrid vehicles, and sport utility vehicles, or SUVs. Mitsubishi Motors is organised into two business segments: automobile business and automobile financing business. The company derives the vast majority of company revenue from the automotive business. Geographically, the company is separated into five regions: Japan, North America, Europe, Asia (excluding Japan), and other. With more than half of its products manufactures in Japan where it also generates the majority of its consolidated revenue, followed by Asia, and North America.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:7211 has been successfully added to your 