GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Chofu Seisakusho Co Ltd (TSE:5946) » Definitions » Equity-to-Asset

Chofu Seisakusho Co (TSE:5946) Equity-to-Asset : 0.94 (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Chofu Seisakusho Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chofu Seisakusho Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円132,907 Mil. Chofu Seisakusho Co's Total Assets for the quarter that ended in Dec. 2023 was 円142,015 Mil. Therefore, Chofu Seisakusho Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.94.

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

TSE:5946' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.91   Med: 0.92   Max: 0.94
Current: 0.94

During the past 13 years, the highest Equity to Asset Ratio of Chofu Seisakusho Co was 0.94. The lowest was 0.91. And the median was 0.92.

TSE:5946's Equity-to-Asset is ranked better than
98.14% of 429 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.55 vs TSE:5946: 0.94

Chofu Seisakusho Co Equity-to-Asset Historical Data

The historical data trend for Chofu Seisakusho 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.

Chofu Seisakusho Co Equity-to-Asset Chart

Chofu Seisakusho Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.93 0.93 0.93 0.94

Chofu Seisakusho Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.93 0.93 0.94 0.93 0.94

Competitive Comparison of Chofu Seisakusho Co's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Chofu Seisakusho 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.


Chofu Seisakusho Co's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Chofu Seisakusho Co's Equity-to-Asset distribution charts can be found below:

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



Chofu Seisakusho 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.

Chofu Seisakusho Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=132907/142015
=0.94

Chofu Seisakusho Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=132907/142015
=0.94

* 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.


Chofu Seisakusho Co  (TSE:5946) 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%.


Chofu Seisakusho Co Equity-to-Asset Related Terms

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


Chofu Seisakusho Co (TSE:5946) Business Description

Traded in Other Exchanges
N/A
Address
2-1 Chofuogimachi, Shimonoseki-shi, YMC, JPN, 752-8555
Chofu Seisakusho Co Ltd is a Japanese manufacturing company that produces and sells water heaters, air conditioners, heat pump systems, solar equipment, and commercial equipment. It operates solely across Japan. These operations are divided among its sales and marketing, manufacturing and engineering, research and development, and quality control activities.

Chofu Seisakusho Co (TSE:5946) Headlines

No Headlines