Equity to Asset ratio is calculated as total stockholders equity divided by total asset. JM Holdings Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円41,356 Mil. JM Holdings Co's Total Assets for the quarter that ended in Jan. 2024 was 円67,511 Mil.
Therefore, JM Holdings Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.61.
The historical rank and industry rank for JM Holdings Co's Equity-to-Asset or its related term are showing as below:
TSE:3539'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.6 Max: 0.65
Current: 0.61
During the past 9 years, the highest Equity to Asset Ratio of JM Holdings Co was 0.65. The lowest was 0.46. And the median was 0.60.
TSE:3539's Equity-to-Asset is ranked better than 76.04% of 313
companies
in the Retail - Defensive industry
Industry Median: 0.4
vs TSE:3539: 0.61
JM Holdings Co Equity-to-Asset Historical Data
The historical data trend for JM Holdings 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.
Competitive Comparison of JM Holdings Co's Equity-to-Asset
For the Grocery Stores subindustry, JM Holdings 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.
JM Holdings Co's Equity-to-Asset Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, JM Holdings Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where JM Holdings Co's Equity-to-Asset falls into.
JM Holdings 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.
JM Holdings Co's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as
* 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.
JM Holdings Co (TSE:3539) 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%.
JM Holdings Co Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of JM Holdings Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
JM Holdings Co Ltd operates food supermarkets that retail meat products, fresh vegetables, fishes and other daily food products. The company also manages beef barbecue restaurants. It offers meat products, including meat processed goods, and frozen and refrigerated processed products, as well as meat of cow, chicken, and ham, as well as pork; food products comprising seasonings, processed foods, rice, bread, sake, noodles, eggs, dairy products; and vegetables, fruits, vegetables and fruits processed products, fresh juices, and cakes. It also provides fish products, sushi, dried fish, seaweed, shellfish, crustaceans, marine processing; and prepared foods, including lunch and fried foods, and tonkatsu, as well as salads, boiled foods, pottery, steamed foods.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:3539 has been successfully added to your 