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Daiseki Eco Solution Co (TSE:1712) Equity-to-Asset : 0.59 (As of Nov. 2023)


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What is Daiseki Eco Solution Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Daiseki Eco Solution Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円16,169 Mil. Daiseki Eco Solution Co's Total Assets for the quarter that ended in Nov. 2023 was 円27,565 Mil. Therefore, Daiseki Eco Solution Co's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.59.

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

TSE:1712' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.55   Med: 0.63   Max: 0.76
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Daiseki Eco Solution Co was 0.76. The lowest was 0.55. And the median was 0.63.

TSE:1712's Equity-to-Asset is ranked better than
72.36% of 246 companies
in the Waste Management industry
Industry Median: 0.425 vs TSE:1712: 0.59

Daiseki Eco Solution Co Equity-to-Asset Historical Data

The historical data trend for Daiseki Eco Solution 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.

Daiseki Eco Solution Co Equity-to-Asset Chart

Daiseki Eco Solution Co 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 0.55 0.57 0.61 0.67 0.68

Daiseki Eco Solution Co 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 0.65 0.68 0.55 0.58 0.59

Competitive Comparison of Daiseki Eco Solution Co's Equity-to-Asset

For the Waste Management subindustry, Daiseki Eco Solution 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.


Daiseki Eco Solution Co's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Daiseki Eco Solution Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Daiseki Eco Solution Co's Equity-to-Asset falls into.



Daiseki Eco Solution 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.

Daiseki Eco Solution Co'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
=14885/21954
=0.68

Daiseki Eco Solution Co'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
=16169/27565
=0.59

* 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.


Daiseki Eco Solution Co  (TSE:1712) 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%.


Daiseki Eco Solution Co Equity-to-Asset Related Terms

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Daiseki Eco Solution Co (TSE:1712) Business Description

Traded in Other Exchanges
N/A
Address
Funami-cho 1-86, Minato-ku, Nagoya-shi, JPN, 455-0027
Daiseki Eco Solution Co Ltd is engaged in soil contamination surveys, contaminated soil remediation, industrial waste collection and processing, environmental analysis, recycling of mercury, environmental consulting, and recycling of plasterboard in Japan.

Daiseki Eco Solution Co (TSE:1712) Headlines

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