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AZoom Co (TSE:3496) Equity-to-Asset : 0.67 (As of Mar. 2024)


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What is AZoom Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. AZoom Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円3,041 Mil. AZoom Co's Total Assets for the quarter that ended in Mar. 2024 was 円4,541 Mil. Therefore, AZoom Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.67.

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

TSE:3496' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.64   Med: 0.58   Max: 0.69
Current: 0.67

During the past 8 years, the highest Equity to Asset Ratio of AZoom Co was 0.69. The lowest was -0.64. And the median was 0.58.

TSE:3496's Equity-to-Asset is ranked better than
77.97% of 1834 companies
in the Real Estate industry
Industry Median: 0.44 vs TSE:3496: 0.67

AZoom Co Equity-to-Asset Historical Data

The historical data trend for AZoom 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.

AZoom Co Equity-to-Asset Chart

AZoom Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial 0.59 0.50 0.52 0.58 0.65

AZoom 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 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 0.63 0.67 0.65 0.69 0.67

Competitive Comparison of AZoom Co's Equity-to-Asset

For the Real Estate Services subindustry, AZoom 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.


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

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

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



AZoom 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.

AZoom Co's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=2572.4/3983.032
=0.65

AZoom 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
=3041.244/4541.458
=0.67

* 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.


AZoom Co  (TSE:3496) 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%.


AZoom Co Equity-to-Asset Related Terms

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AZoom Co (TSE:3496) Business Description

Traded in Other Exchanges
N/A
Address
2-1-1, Yoyogi, 16th Floor, Shinjuku Mines Tower, Shibuya-Ku, Tokyo, JPN, 151-0053
AZoom Co Ltd offers commercial services. It engages in buying and selling, mediation, management, and leasing of real estate. The company mainly provides outsourced parking lot operations for property owners. It is also involved in business development through Internet; Internet media development and operation; and management of parking lots.

AZoom Co (TSE:3496) Headlines

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