Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nippon Kayaku Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円258,930 Mil. Nippon Kayaku Co's Total Assets for the quarter that ended in Dec. 2023 was 円351,294 Mil.
Therefore, Nippon Kayaku Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.74.
The historical rank and industry rank for Nippon Kayaku Co's Equity-to-Asset or its related term are showing as below:
TSE:4272'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67 Med: 0.73 Max: 0.79
Current: 0.74
During the past 13 years, the highest Equity to Asset Ratio of Nippon Kayaku Co was 0.79. The lowest was 0.67. And the median was 0.73.
TSE:4272's Equity-to-Asset is ranked better than 73.36% of 1569
companies
in the Chemicals industry
Industry Median: 0.59
vs TSE:4272: 0.74
Nippon Kayaku Co Equity-to-Asset Historical Data
The historical data trend for Nippon Kayaku 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 Nippon Kayaku Co's Equity-to-Asset
For the Chemicals subindustry, Nippon Kayaku 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.
Nippon Kayaku Co's Equity-to-Asset Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nippon Kayaku Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nippon Kayaku Co's Equity-to-Asset falls into.
Nippon Kayaku 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.
Nippon Kayaku Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 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.
Nippon Kayaku Co (TSE:4272) 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 Kayaku Co Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Nippon Kayaku Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Nippon Kayaku Co Ltd manufactures and sells a variety of chemicals. The firm organizes itself into four segments based on product type. The functional chemicals segment, which generates more revenue than any other segment, sells epoxy resins used as flame retardants in electronics, colorants and dyes used in inkjet printers and the manufacture of textiles. The pharmaceuticals segment sells anti-cancer drugs, biological drugs, cardiovascular agents, vitamin compounds, and anti-inflammatory agents. The safety systems segment sells airbag inflators and micro gas generators for seatbelt pretensioners to the automotive industry, both of which are used to protect passengers during an accident. The agrochemicals segment sells insecticides and herbicides. The majority of revenue comes from Asia.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:4272 has been successfully added to your 