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TKP (TSE:3479) Equity-to-Asset : 0.53 (As of Nov. 2023)


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What is TKP Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TKP's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円38,929 Mil. TKP's Total Assets for the quarter that ended in Nov. 2023 was 円74,109 Mil. Therefore, TKP's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.53.

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

TSE:3479' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.27   Max: 0.5
Current: 0.5

During the past 10 years, the highest Equity to Asset Ratio of TKP was 0.50. The lowest was 0.18. And the median was 0.27.

TSE:3479's Equity-to-Asset is ranked better than
58.97% of 1833 companies
in the Real Estate industry
Industry Median: 0.44 vs TSE:3479: 0.50

TKP Equity-to-Asset Historical Data

The historical data trend for TKP'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.

TKP Equity-to-Asset Chart

TKP Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.29 0.34 0.46 0.50

TKP Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 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 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 0.46 0.51 0.52 0.53 0.50

Competitive Comparison of TKP's Equity-to-Asset

For the Real Estate Services subindustry, TKP'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.


TKP's Equity-to-Asset Distribution in the Real Estate Industry

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

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



TKP 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.

TKP's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Equity to Asset (A: Feb. 2024 )=Total Stockholders Equity/Total Assets
=39887/79327
=0.50

TKP'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
=38929/74109
=0.53

* 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.


TKP  (TSE:3479) 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%.


TKP Equity-to-Asset Related Terms

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


TKP (TSE:3479) Business Description

Traded in Other Exchanges
N/A
Address
8, Ichigaya Hachiman-cho, TKP Ichigaya Building 2nd Floor, Shinjuku-ku, Tokyo, JPN, 162-0844
TKP Corp is a Japan based real estate company. It offers conference rooms and banquet halls on a rental basis. The company is also intended to provide in-house production of services associated with conferences such as food and beverage catering, hotels and resorts, call center, and BPO among other services.

TKP (TSE:3479) Headlines

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