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Chuo Seisakusho (NGO:6846) Equity-to-Asset : 0.39 (As of Dec. 2023)


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What is Chuo Seisakusho Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chuo Seisakusho's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円1,934 Mil. Chuo Seisakusho's Total Assets for the quarter that ended in Dec. 2023 was 円4,923 Mil. Therefore, Chuo Seisakusho's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.39.

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

NGO:6846' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.43   Max: 0.51
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Chuo Seisakusho was 0.51. The lowest was 0.30. And the median was 0.43.

NGO:6846's Equity-to-Asset is ranked worse than
77.06% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs NGO:6846: 0.39

Chuo Seisakusho Equity-to-Asset Historical Data

The historical data trend for Chuo Seisakusho'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.

Chuo Seisakusho Equity-to-Asset Chart

Chuo Seisakusho Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.50 0.51 0.48 0.45

Chuo Seisakusho 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 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 0.47 0.45 0.43 0.41 0.39

Competitive Comparison of Chuo Seisakusho's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Chuo Seisakusho'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.


Chuo Seisakusho's Equity-to-Asset Distribution in the Industrial Products Industry

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

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



Chuo Seisakusho 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.

Chuo Seisakusho'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
=1950.974/4306.616
=0.45

Chuo Seisakusho'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
=1934.19/4922.505
=0.39

* 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.


Chuo Seisakusho  (NGO:6846) 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%.


Chuo Seisakusho Equity-to-Asset Related Terms

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Chuo Seisakusho (NGO:6846) Business Description

Traded in Other Exchanges
N/A
Address
24, No. 1 Uchihama Town, Mizuho-ku, Nagoya, JPN
Chuo Seisakusho is engaged as a manufacturer of electrical equipment in Japan. It has number of environmental equipments, such as electric resistance welding machine, electrolytic machining, surface treatment equipment & various types of power equipment.

Chuo Seisakusho (NGO:6846) Headlines

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