Daito Trust Construction Co (TSE:1878) Equity-to-Asset : 0.37 (As of Mar. 2024)

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What is Daito Trust Construction Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Daito Trust Construction Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円402,669 Mil. Daito Trust Construction Co's Total Assets for the quarter that ended in Mar. 2024 was 円1,080,069 Mil. Therefore, Daito Trust Construction Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.37.

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

TSE:1878' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.35 Max: 0.38
Current: 0.37

During the past 13 years, the highest Equity to Asset Ratio of Daito Trust Construction Co was 0.38. The lowest was 0.32. And the median was 0.35.

TSE:1878's Equity-to-Asset is ranked worse than
60.78% of 1828 companies
in the Real Estate industry
Industry Median: 0.44 vs TSE:1878: 0.37

Daito Trust Construction Co Equity-to-Asset Historical Data

The historical data trend for Daito Trust Construction 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.

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Daito Trust Construction Co Equity-to-Asset Chart

Daito Trust Construction Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

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0.32

0.33

0.36

0.38

0.37

Daito Trust Construction Co 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															0.38	0.39	0.40	0.38	0.37

Competitive Comparison of Daito Trust Construction Co's Equity-to-Asset

For the Real Estate - Diversified subindustry, Daito Trust Construction 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.

Daito Trust Construction Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Daito Trust Construction Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Daito Trust Construction Co's Equity-to-Asset falls into.

Daito Trust Construction 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.

Daito Trust Construction Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	402669	/	1080069
	=	0.37

Daito Trust Construction Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	402669	/	1080069
	=	0.37

Daito Trust Construction Co (TSE:1878) 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%.

Daito Trust Construction Co Equity-to-Asset Related Terms

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

Daito Trust Construction Co (TSE:1878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Daito Trust Construction Co Ltd (TSE:1878) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

DIFTY:USA 4D7:Germany

Address

2-16-1, Konan, Minato-ku, Tokyo, JPN, 108-8211

Website

http://www.kentaku.co.jp

Daito Trust Construction Co Ltd engages in the design and construction of apartments, condominiums, rental office buildings, factories, and warehouses. Additional activities include tenant recruiting, building maintenance, and contracting arrangements. A Lease Management Trust System sits at the center of Daito's operations. Under this system, business is divided between the construction business and the real estate business. The company plans and proposes building rental businesses to landowners, and then designs and constructs the contracted rental buildings. Daito also recruits tenants for its constructed rental buildings and provides property management and operation services for the buildings.

Daito Trust Construction Co (TSE:1878) Headlines

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