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Laboro AI (TSE:5586) Equity-to-Asset : 0.93 (As of Mar. 2024)


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What is Laboro AI Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Laboro AI's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円2,295 Mil. Laboro AI's Total Assets for the quarter that ended in Mar. 2024 was 円2,480 Mil. Therefore, Laboro AI's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.93.

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

TSE:5586' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.89   Max: 0.95
Current: 0.93

During the past 3 years, the highest Equity to Asset Ratio of Laboro AI was 0.95. The lowest was 0.50. And the median was 0.89.

TSE:5586's Equity-to-Asset is ranked better than
97.27% of 2853 companies
in the Software industry
Industry Median: 0.55 vs TSE:5586: 0.93

Laboro AI Equity-to-Asset Historical Data

The historical data trend for Laboro AI'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.

Laboro AI Equity-to-Asset Chart

Laboro AI Annual Data
Trend Sep21 Sep22 Sep23
Equity-to-Asset
0.50 0.89 0.90

Laboro AI Quarterly Data
Sep21 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial 0.84 0.84 0.90 0.95 0.93

Competitive Comparison of Laboro AI's Equity-to-Asset

For the Software - Infrastructure subindustry, Laboro AI'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.


Laboro AI's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Laboro AI's Equity-to-Asset distribution charts can be found below:

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



Laboro AI 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.

Laboro AI'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
=2248.266/2490.752
=0.90

Laboro AI'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
=2295.022/2479.878
=0.93

* 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.


Laboro AI  (TSE:5586) 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%.


Laboro AI Equity-to-Asset Related Terms

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Laboro AI (TSE:5586) Business Description

Traded in Other Exchanges
N/A
Address
8-11-1 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Laboro AI Inc is a Provider of developing business solutions using artificial intelligence technology intended to connect technology and business. The company also provides consulting services related to the utilization of artificial intelligence which includes planning, introduction, and execution support for AI utilization.

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