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Olympic Group (TSE:8289) Equity-to-Asset : 0.38 (As of Nov. 2023)


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What is Olympic Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Olympic Group's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円26,109 Mil. Olympic Group's Total Assets for the quarter that ended in Nov. 2023 was 円67,955 Mil. Therefore, Olympic Group's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.38.

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

TSE:8289' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.36   Max: 0.42
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Olympic Group was 0.42. The lowest was 0.34. And the median was 0.36.

TSE:8289's Equity-to-Asset is ranked worse than
57.65% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs TSE:8289: 0.38

Olympic Group Equity-to-Asset Historical Data

The historical data trend for Olympic Group'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.

Olympic Group Equity-to-Asset Chart

Olympic Group Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.36 0.41 0.42 0.41

Olympic Group Quarterly Data
Feb19 May19 Aug19 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 Premium Member Only Premium Member Only Premium Member Only 0.40 0.41 0.38 0.40 0.38

Competitive Comparison of Olympic Group's Equity-to-Asset

For the Specialty Retail subindustry, Olympic Group'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.


Olympic Group's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Olympic Group's Equity-to-Asset distribution charts can be found below:

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



Olympic Group 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.

Olympic Group'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
=26584/64961
=0.41

Olympic Group'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
=26109/67955
=0.38

* 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.


Olympic Group  (TSE:8289) 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%.


Olympic Group Equity-to-Asset Related Terms

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Olympic Group (TSE:8289) Business Description

Traded in Other Exchanges
N/A
Address
Tokyo Honmachi 4-12-1, Kokubunji, JPN, 185-0012
Olympic Group Corp is a Japan-based company, engages in the retail business. The company offers food, daily necessities, sports and leisure goods, pet supplies, shoes, clothing, DIY and gardening supplies; pet trimming and related products; footwear and related products; golf equipment; and car supplies. It also develops retail businesses such as specialty stores, discount stores, supermarkets, store development, and facility management businesses, as well as the production and wholesale of prepared foods.

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