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Kohoku Kogyo Co (TSE:6524) Equity-to-Asset : 0.81 (As of Mar. 2024)


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What is Kohoku Kogyo Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kohoku Kogyo Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円20,581 Mil. Kohoku Kogyo Co's Total Assets for the quarter that ended in Mar. 2024 was 円25,427 Mil. Therefore, Kohoku Kogyo Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.81.

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

TSE:6524' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.34   Med: 0.75   Max: 0.81
Current: 0.81

During the past 5 years, the highest Equity to Asset Ratio of Kohoku Kogyo Co was 0.81. The lowest was 0.34. And the median was 0.75.

TSE:6524's Equity-to-Asset is ranked better than
86.78% of 2488 companies
in the Hardware industry
Industry Median: 0.57 vs TSE:6524: 0.81

Kohoku Kogyo Co Equity-to-Asset Historical Data

The historical data trend for Kohoku Kogyo 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.

Kohoku Kogyo Co Equity-to-Asset Chart

Kohoku Kogyo Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.34 0.43 0.67 0.75 0.80

Kohoku Kogyo Co Quarterly Data
Dec19 Dec20 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 0.77 0.78 0.79 0.80 0.81

Competitive Comparison of Kohoku Kogyo Co's Equity-to-Asset

For the Electronic Components subindustry, Kohoku Kogyo 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.


Kohoku Kogyo Co's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kohoku Kogyo Co's Equity-to-Asset distribution charts can be found below:

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



Kohoku Kogyo 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.

Kohoku Kogyo 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
=20059/24973
=0.80

Kohoku Kogyo 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
=20581/25427
=0.81

* 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.


Kohoku Kogyo Co  (TSE:6524) 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%.


Kohoku Kogyo Co Equity-to-Asset Related Terms

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Kohoku Kogyo Co (TSE:6524) Business Description

Traded in Other Exchanges
Address
1623 Takatsuki, Takatsuki-cho, Shiga Prefecture, Nagahama, JPN, 529-0241
Kohoku Kogyo Co Ltd is engaged in the manufacturing and marketing of lead terminals for aluminum electrolytic capacitors and optical components and devices for optical fiber communication network.

Kohoku Kogyo Co (TSE:6524) Headlines

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