Kokuyo Co (TSE:7984) Equity-to-Asset

: 0.70 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kokuyo Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円251,840 Mil. Kokuyo Co's Total Assets for the quarter that ended in Dec. 2023 was 円358,412 Mil. Therefore, Kokuyo Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.

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

TSE:7984' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62 Med: 0.69 Max: 0.7
Current: 0.7

During the past 13 years, the highest Equity to Asset Ratio of Kokuyo Co was 0.70. The lowest was 0.62. And the median was 0.69.

TSE:7984's Equity-to-Asset is ranked better than
73.56% of 3022 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSE:7984: 0.70

Kokuyo Co Equity-to-Asset Historical Data

The historical data trend for Kokuyo 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.

Kokuyo Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.69

0.70

Kokuyo 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																0.70	0.70	0.72	0.72	0.70

Competitive Comparison

For the Business Equipment & Supplies subindustry, Kokuyo 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.

Kokuyo Co Equity-to-Asset Distribution

For the Industrial Products industry and Industrials sector, Kokuyo Co's Equity-to-Asset distribution charts can be found below:

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

Kokuyo 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.

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

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	251840	/	358412
	=	0.70

Kokuyo 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
	=	251840	/	358412
	=	0.70

Kokuyo Co (TSE:7984) 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%.

Kokuyo Co Equity-to-Asset Related Terms

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Kokuyo Co (TSE:7984) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kokuyo Co Ltd (TSE:7984) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

KOK:Germany

Address

6-1-1 Oimazato-Minami, Higashinari-ku, Osaka, JPN, 537-8686

Website

https://www.kokuyo.co.jp

Kokuyo Co Ltd is engaged in the manufacture, purchase, and sale of stationery, office furniture, and store utensils for retail businesses, as well as space design and consultation. The company operates through segments: stationery, furniture, and mail-order and retail. The stationery business provides stationery in Japan and other regions such as Vietnam, China, and India. The furniture business consists of the production and sale of office furniture, store fixtures, and furniture for public and commercial spaces. The mail-order and retail business provides mail-order services for individuals and retail and wholesale businesses, along with electronic purchasing systems and operation of information sites.

Kokuyo Co (TSE:7984) Headlines

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