GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Circulation Co Ltd (TSE:7379) » Definitions » Equity-to-Asset

Circulation Co (TSE:7379) Equity-to-Asset : 0.77 (As of Jan. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Circulation Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Circulation Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円2,788 Mil. Circulation Co's Total Assets for the quarter that ended in Jan. 2024 was 円3,629 Mil. Therefore, Circulation Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.77.

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

TSE:7379' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.72   Max: 0.77
Current: 0.77

During the past 5 years, the highest Equity to Asset Ratio of Circulation Co was 0.77. The lowest was 0.04. And the median was 0.72.

TSE:7379's Equity-to-Asset is ranked better than
84.34% of 1092 companies
in the Business Services industry
Industry Median: 0.49 vs TSE:7379: 0.77

Circulation Co Equity-to-Asset Historical Data

The historical data trend for Circulation 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.

Circulation Co Equity-to-Asset Chart

Circulation Co Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
0.19 0.04 0.53 0.69 0.72

Circulation Co Quarterly Data
Jul19 Jul20 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.73 0.74 0.72 0.77 0.77

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

For the Consulting Services subindustry, Circulation 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.


Circulation Co's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Circulation Co's Equity-to-Asset distribution charts can be found below:

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



Circulation 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.

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

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=2705.059/3747.051
=0.72

Circulation Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=2787.681/3629.046
=0.77

* 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.


Circulation Co  (TSE:7379) 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%.


Circulation Co Equity-to-Asset Related Terms

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


Circulation Co (TSE:7379) Business Description

Traded in Other Exchanges
N/A
Address
3-21-5 Jingumae, Shibuya-ku, Tokyo, JPN, 150-0001
Circulation Co Ltd provides pro-sharing consulting services. It helps clients to solve management issues using the experience and knowledge of professionals, and others.

Circulation Co (TSE:7379) Headlines

No Headlines