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Yamadai (TSE:7426) Equity-to-Asset : 0.58 (As of Dec. 2023)


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What is Yamadai Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yamadai's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円3,709 Mil. Yamadai's Total Assets for the quarter that ended in Dec. 2023 was 円6,387 Mil. Therefore, Yamadai's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.58.

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

TSE:7426' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49   Med: 0.58   Max: 0.63
Current: 0.58

During the past 13 years, the highest Equity to Asset Ratio of Yamadai was 0.63. The lowest was 0.49. And the median was 0.58.

TSE:7426's Equity-to-Asset is ranked better than
55.25% of 295 companies
in the Forest Products industry
Industry Median: 0.55 vs TSE:7426: 0.58

Yamadai Equity-to-Asset Historical Data

The historical data trend for Yamadai'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.

Yamadai Equity-to-Asset Chart

Yamadai Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.60 0.57 0.60 0.60

Yamadai 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 0.59 0.60 0.60 0.60 0.58

Competitive Comparison of Yamadai's Equity-to-Asset

For the Lumber & Wood Production subindustry, Yamadai'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.


Yamadai's Equity-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Yamadai's Equity-to-Asset distribution charts can be found below:

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



Yamadai 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.

Yamadai'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
=3801.118/6375.605
=0.60

Yamadai'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
=3708.692/6386.52
=0.58

* 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.


Yamadai  (TSE:7426) 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%.


Yamadai Equity-to-Asset Related Terms

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


Yamadai (TSE:7426) Business Description

Traded in Other Exchanges
N/A
Address
3 of 2, Shiomicho, Miyagi Prefecture, Ishinomaki, JPN
Yamadai Corp is engaged in the processing of wood for residential construction, the development of housing equipment and materials wholesale and retail sales of building materials for residential construction. Its housing materials include wood, building materials, residential equipment, plywood. Processing of wood includes processing, anti-corrosion processing, manual drying processing.

Yamadai (TSE:7426) Headlines

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