Shimano (WBO:SHM) Equity-to-Asset : 0.92 (As of Dec. 2023)

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What is Shimano Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shimano's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €5,103 Mil. Shimano's Total Assets for the quarter that ended in Dec. 2023 was €5,552 Mil. Therefore, Shimano's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.92.

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

WBO:SHM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83 Med: 0.89 Max: 0.92
Current: 0.92

During the past 13 years, the highest Equity to Asset Ratio of Shimano was 0.92. The lowest was 0.83. And the median was 0.89.

WBO:SHM's Equity-to-Asset is ranked better than
97.02% of 840 companies
in the Travel & Leisure industry
Industry Median: 0.465 vs WBO:SHM: 0.92

Shimano Equity-to-Asset Historical Data

The historical data trend for Shimano'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.

Shimano Equity-to-Asset Chart

Shimano Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.91

0.90

0.87

0.90

0.92

Shimano Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.91	0.92	0.92	0.92	-

Competitive Comparison of Shimano's Equity-to-Asset

For the Leisure subindustry, Shimano'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.

Shimano's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shimano's Equity-to-Asset distribution charts can be found below:

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

Shimano 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.

Shimano'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
	=	5102.512	/	5551.945
	=	0.92

Shimano'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
	=	5102.512	/	5551.945
	=	0.92

Shimano (WBO:SHM) 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%.

Shimano Equity-to-Asset Related Terms

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

Shimano (WBO:SHM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shimano Inc (WBO:SHM) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SMNNY:USA SHMDF:USA 7309:Japan SHM:Germany

Address

3-77 Oimatsu-cho, Sakai-ku, Sakai, Osaka Prefecture, JPN, 590-8577

Website

https://www.shimano.com

Shimano develops, manufactures, and distributes bicycle components, fishing tackles, rowing equipment, and lifestyle gear products, like apparel items, shoes, and bags. Approximately 80% of companywide sales comes from its bicycle components segment. Shimano has operations in Japan, Asia, Europe, North America, Latin America, and Oceania. The company was founded in 1921, and its headquarters are in Osaka, Japan.