Tokyo Base Co (TSE:3415) Equity-to-Asset : 0.47 (As of Jan. 2024)

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What is Tokyo Base Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tokyo Base Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円5,534 Mil. Tokyo Base Co's Total Assets for the quarter that ended in Jan. 2024 was 円11,888 Mil. Therefore, Tokyo Base Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.47.

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

TSE:3415' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.54 Max: 0.65
Current: 0.47

During the past 8 years, the highest Equity to Asset Ratio of Tokyo Base Co was 0.65. The lowest was 0.43. And the median was 0.54.

TSE:3415's Equity-to-Asset is ranked better than
54.5% of 1121 companies
in the Retail - Cyclical industry
Industry Median: 0.45 vs TSE:3415: 0.47

Tokyo Base Co Equity-to-Asset Historical Data

The historical data trend for Tokyo Base 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.

Tokyo Base Co Equity-to-Asset Chart

Tokyo Base Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Jan23

Equity-to-Asset

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0.54

0.60

0.55

0.43

0.48

Tokyo Base Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial															0.48	0.44	0.49	0.44	0.47

Competitive Comparison of Tokyo Base Co's Equity-to-Asset

For the Apparel Retail subindustry, Tokyo Base 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.

Tokyo Base Co's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tokyo Base Co's Equity-to-Asset distribution charts can be found below:

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

Tokyo Base 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.

Tokyo Base Co's Equity to Asset Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Equity to Asset (A: Jan. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	5366.365	/	11195.631
	=	0.48

Tokyo Base Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	5533.655	/	11888.137
	=	0.47

Tokyo Base Co (TSE:3415) 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%.

Tokyo Base Co Equity-to-Asset Related Terms

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

Tokyo Base Co (TSE:3415) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tokyo Base Co Ltd (TSE:3415) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-5 Shibuya, MFPR Shibuya Building, 2nd Floor, Shibuya-ku, Tokyo, JPN, 150-0002

Website

http://www.tokyobase.co.jp

Tokyo Base Co Ltd is engaged in the retail sale of apparel goods for men and women. The company operates its stores under the STUDIOUS, UNITED TOKYO, CITY, and PUBLIC TOKYO brand names. The company products include tops, bottoms, shoes, bags, accessories and other goods.

Tokyo Base Co (TSE:3415) Headlines

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