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Yakuodo Holdings Co (TSE:7679) Equity-to-Asset : 0.46 (As of Nov. 2023)


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What is Yakuodo Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yakuodo Holdings Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円32,855 Mil. Yakuodo Holdings Co's Total Assets for the quarter that ended in Nov. 2023 was 円71,874 Mil. Therefore, Yakuodo Holdings Co's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.46.

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

TSE:7679' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.43   Max: 0.46
Current: 0.46

During the past 4 years, the highest Equity to Asset Ratio of Yakuodo Holdings Co was 0.46. The lowest was 0.40. And the median was 0.43.

TSE:7679's Equity-to-Asset is ranked better than
50% of 676 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs TSE:7679: 0.46

Yakuodo Holdings Co Equity-to-Asset Historical Data

The historical data trend for Yakuodo Holdings 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.

Yakuodo Holdings Co Equity-to-Asset Chart

Yakuodo Holdings Co Annual Data
Trend Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
0.44 0.41 0.44 0.44

Yakuodo Holdings Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.43 0.44 0.44 0.44 0.46

Competitive Comparison of Yakuodo Holdings Co's Equity-to-Asset

For the Pharmaceutical Retailers subindustry, Yakuodo Holdings 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.


Yakuodo Holdings Co's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Yakuodo Holdings Co's Equity-to-Asset distribution charts can be found below:

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



Yakuodo Holdings 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.

Yakuodo Holdings Co's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )=Total Stockholders Equity/Total Assets
=29940/67709
=0.44

Yakuodo Holdings Co's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=32855/71874
=0.46

* 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.


Yakuodo Holdings Co  (TSE:7679) 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%.


Yakuodo Holdings Co Equity-to-Asset Related Terms

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Yakuodo Holdings Co (TSE:7679) Business Description

Traded in Other Exchanges
N/A
Address
Hiromiyazawa third Chiwari address 426, Iwate Prefecture, Shiwa District Yahaba Oaza, Shiwa, JPN, 28-3621
Yakuodo Holdings Co Ltd is a Japanese based company engaged in the drugstore chain and dispensing pharmacy management activities.

Yakuodo Holdings Co (TSE:7679) Headlines

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