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Home Position Co (TSE:2999) Equity-to-Asset : 0.27 (As of Feb. 2024)


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What is Home Position Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Home Position Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円3,676 Mil. Home Position Co's Total Assets for the quarter that ended in Feb. 2024 was 円13,808 Mil. Therefore, Home Position Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.27.

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

TSE:2999' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.28   Max: 0.32
Current: 0.27

During the past 4 years, the highest Equity to Asset Ratio of Home Position Co was 0.32. The lowest was 0.24. And the median was 0.28.

TSE:2999's Equity-to-Asset is ranked worse than
78.5% of 107 companies
in the Homebuilding & Construction industry
Industry Median: 0.49 vs TSE:2999: 0.27

Home Position Co Equity-to-Asset Historical Data

The historical data trend for Home Position 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.

Home Position Co Equity-to-Asset Chart

Home Position Co Annual Data
Trend Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
0.30 0.26 0.32 0.28

Home Position Co Quarterly Data
Aug20 Aug21 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 0.26 0.24 0.28 0.25 0.27

Competitive Comparison of Home Position Co's Equity-to-Asset

For the Residential Construction subindustry, Home Position 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.


Home Position Co's Equity-to-Asset Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Home Position Co's Equity-to-Asset distribution charts can be found below:

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



Home Position 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.

Home Position Co's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=4150.782/15074.82
=0.28

Home Position 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
=3675.835/13808.275
=0.27

* 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.


Home Position Co  (TSE:2999) 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%.


Home Position Co Equity-to-Asset Related Terms

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


Home Position Co (TSE:2999) Business Description

Traded in Other Exchanges
N/A
Address
260 Kikkawa, Shimizu-ku, Shizuoka, JPN, 424-0055
Home Position Co Ltd is engaged in the built-for-sale housing business.

Home Position Co (TSE:2999) Headlines

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