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ANA Holdings (TSE:9202) Equity-to-Asset

: 0.29 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ANA Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円1,013,679 Mil. ANA Holdings's Total Assets for the quarter that ended in Dec. 2023 was 円3,485,095 Mil. Therefore, ANA Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.29.

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

TSE:9202' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.35   Max: 0.42
Current: 0.29

During the past 13 years, the highest Equity to Asset Ratio of ANA Holdings was 0.42. The lowest was 0.25. And the median was 0.35.

TSE:9202's Equity-to-Asset is ranked worse than
75.03% of 981 companies
in the Transportation industry
Industry Median: 0.49 vs TSE:9202: 0.29

ANA Holdings Equity-to-Asset Historical Data

The historical data trend for ANA Holdings'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.

ANA Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.41 0.31 0.25 0.26

ANA Holdings 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 0.26 0.26 0.26 0.28 0.29

Competitive Comparison

For the Airlines subindustry, ANA Holdings'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.


ANA Holdings Equity-to-Asset Distribution

For the Transportation industry and Industrials sector, ANA Holdings's Equity-to-Asset distribution charts can be found below:

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



ANA Holdings 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.

ANA Holdings'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
=862419/3366724
=0.26

ANA Holdings'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
=1013679/3485095
=0.29

* 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.


ANA Holdings  (TSE:9202) 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%.


ANA Holdings Equity-to-Asset Related Terms

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


ANA Holdings (TSE:9202) Business Description

Traded in Other Exchanges
Address
Shiodome-City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, JPN, 105-7140
ANA Holdings is the holding firm of Japan's largest airline, All Nippon Airways. Besides the flagship carrier, ANA also owns discount airline Peach Aviation, Hokkaido-based Air Do, and airfreight carrier Nippon Cargo Airlines. In February 2024, it will launch Air Japan to provide discount airline services to Southeast Asia. Pre-COVID-19, passenger transport made up over 50% of group revenue, split almost equally between domestic and international passenger routes while cargo revenue made up 4%-5%. Its primary hub is Tokyo's Narita International Airport, but it is also expanding routes from Haneda Airport. ANA has minor stakes in Philippine Airlines, Vietnam Airlines, and IHG ANA Hotels Group Japan. The latter is a hotel chain in Japan owned and operated by InterContinental Hotels Group.

ANA Holdings (TSE:9202) Headlines

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