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Nippon Hotel & Residential Investment (TSE:3472) Equity-to-Asset : 0.65 (As of May. 2023)


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What is Nippon Hotel & Residential Investment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nippon Hotel & Residential Investment's Total Stockholders Equity for the quarter that ended in May. 2023 was 円20,966 Mil. Nippon Hotel & Residential Investment's Total Assets for the quarter that ended in May. 2023 was 円32,126 Mil. Therefore, Nippon Hotel & Residential Investment's Equity to Asset Ratio for the quarter that ended in May. 2023 was 0.65.

The historical rank and industry rank for Nippon Hotel & Residential Investment's Equity-to-Asset or its related term are showing as below:

TSE:3472' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53   Med: 0.55   Max: 0.65
Current: 0.65

During the past 7 years, the highest Equity to Asset Ratio of Nippon Hotel & Residential Investment was 0.65. The lowest was 0.53. And the median was 0.55.

TSE:3472's Equity-to-Asset is ranked better than
63.26% of 860 companies
in the REITs industry
Industry Median: 0.57 vs TSE:3472: 0.65

Nippon Hotel & Residential Investment Equity-to-Asset Historical Data

The historical data trend for Nippon Hotel & Residential Investment'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.

Nippon Hotel & Residential Investment Equity-to-Asset Chart

Nippon Hotel & Residential Investment Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Equity-to-Asset
Get a 7-Day Free Trial 0.54 0.55 0.56 0.57 0.63

Nippon Hotel & Residential Investment Semi-Annual Data
May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.57 0.60 0.63 0.65

Competitive Comparison of Nippon Hotel & Residential Investment's Equity-to-Asset

For the REIT - Hotel & Motel subindustry, Nippon Hotel & Residential Investment'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.


Nippon Hotel & Residential Investment's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nippon Hotel & Residential Investment's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Nippon Hotel & Residential Investment's Equity-to-Asset falls into.



Nippon Hotel & Residential Investment 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.

Nippon Hotel & Residential Investment's Equity to Asset Ratio for the fiscal year that ended in Nov. 2022 is calculated as

Equity to Asset (A: Nov. 2022 )=Total Stockholders Equity/Total Assets
=20947.312/33166.721
=0.63

Nippon Hotel & Residential Investment's Equity to Asset Ratio for the quarter that ended in May. 2023 is calculated as

Equity to Asset (Q: May. 2023 )=Total Stockholders Equity/Total Assets
=20965.926/32126.307
=0.65

* 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.


Nippon Hotel & Residential Investment  (TSE:3472) 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%.


Nippon Hotel & Residential Investment Equity-to-Asset Related Terms

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Nippon Hotel & Residential Investment (TSE:3472) Business Description

Traded in Other Exchanges
N/A
Address
3-3-4 Nihonbashihoncho, Chuo-ku, Tokyo, JPN, 103-0023
Ooedo Onsen Reit Investment Corp is a real estate investment trust externally managed by Ooedo Onsen Asset Management Co., Ltd. The firm invests in onsen and spa-related facilities, mainly facilities. The company principally invests in hot spring-related industries, such as hotels, hot spring facilities and theme parks.

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