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Career Bank Co (SSE:4834) Equity-to-Asset : 0.28 (As of Feb. 2024)


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What is Career Bank Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Career Bank Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円1,307 Mil. Career Bank Co's Total Assets for the quarter that ended in Feb. 2024 was 円4,626 Mil. Therefore, Career Bank Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.28.

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

SSE:4834' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.3   Max: 0.37
Current: 0.28

During the past 11 years, the highest Equity to Asset Ratio of Career Bank Co was 0.37. The lowest was 0.24. And the median was 0.30.

SSE:4834's Equity-to-Asset is ranked worse than
77.92% of 1087 companies
in the Business Services industry
Industry Median: 0.5 vs SSE:4834: 0.28

Career Bank Co Equity-to-Asset Historical Data

The historical data trend for Career Bank Co'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.

Career Bank Co Equity-to-Asset Chart

Career Bank Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.25 0.26 0.25 0.29

Career Bank Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.27 0.29 0.31 0.32 0.28

Competitive Comparison of Career Bank Co's Equity-to-Asset

For the Staffing & Employment Services subindustry, Career Bank Co'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.


Career Bank Co's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Career Bank Co's Equity-to-Asset distribution charts can be found below:

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



Career Bank Co 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.

Career Bank Co's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )=Total Stockholders Equity/Total Assets
=1187.433/4171.89
=0.28

Career Bank Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=1306.658/4626.248
=0.28

* 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.


Career Bank Co  (SSE:4834) 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%.


Career Bank Co Equity-to-Asset Related Terms

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


Career Bank Co (SSE:4834) Business Description

Traded in Other Exchanges
N/A
Address
5-7 Kitagojo-nishi, Chuo-ku, Sapporo, JPN, 060-0005
Career Bank Co Ltd operates as a human resources company in Japan. It provides temporary staffing, recruitment, outplacement, sales outsourcing, event management staffing, and payroll services. It also provides outsourcing, re-employment support, education/training, payroll business.

Career Bank Co (SSE:4834) Headlines

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