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Canon Marketing Japan (TSE:8060) Equity-to-Asset

: 0.78 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Canon Marketing Japan's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円434,779 Mil. Canon Marketing Japan's Total Assets for the quarter that ended in Dec. 2023 was 円557,366 Mil. Therefore, Canon Marketing Japan's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.78.

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

TSE:8060' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.63   Max: 0.78
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of Canon Marketing Japan was 0.78. The lowest was 0.56. And the median was 0.63.

TSE:8060's Equity-to-Asset is ranked better than
83.72% of 3023 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSE:8060: 0.78

Canon Marketing Japan Equity-to-Asset Historical Data

The historical data trend for Canon Marketing Japan'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.

Canon Marketing Japan Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.68 0.71 0.74 0.78

Canon Marketing Japan 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 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 Premium Member Only Premium Member Only Premium Member Only 0.74 0.73 0.74 0.77 0.78

Competitive Comparison

For the Business Equipment & Supplies subindustry, Canon Marketing Japan'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.


Canon Marketing Japan Equity-to-Asset Distribution

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

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



Canon Marketing Japan 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.

Canon Marketing Japan'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
=434779/557366
=0.78

Canon Marketing Japan'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
=434779/557366
=0.78

* 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.


Canon Marketing Japan  (TSE:8060) 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%.


Canon Marketing Japan Equity-to-Asset Related Terms

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Canon Marketing Japan (TSE:8060) Business Description

Traded in Other Exchanges
Address
Canon S Tower, 16-6, Konan 2-Chome, Minato-ku, Tokyo, JPN, 108-8011
Website
Canon Marketing Japan Inc is in the business of distributing and selling Canon branded products and also provides marketing and other services. Its business segments are business solutions, Its solutions, imaging systems and industrial/medical. Its products and services include business use multifunctional products, commercial printing systems, laser printers, embedded software, system integration, digital cameras, interchangeable lenses, medical equipment and semi-conductor manufacturing equipment.

Canon Marketing Japan (TSE:8060) Headlines

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