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Koa (TSE:6999) Equity-to-Asset : 0.61 (As of Dec. 2023)


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What is Koa Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Koa's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円75,979 Mil. Koa's Total Assets for the quarter that ended in Dec. 2023 was 円124,483 Mil. Therefore, Koa's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.61.

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

TSE:6999' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.78   Max: 0.81
Current: 0.61

During the past 13 years, the highest Equity to Asset Ratio of Koa was 0.81. The lowest was 0.61. And the median was 0.78.

TSE:6999's Equity-to-Asset is ranked better than
57.76% of 2486 companies
in the Hardware industry
Industry Median: 0.57 vs TSE:6999: 0.61

Koa Equity-to-Asset Historical Data

The historical data trend for Koa'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.

Koa Equity-to-Asset Chart

Koa Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.76 0.71 0.65 0.61

Koa Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.65 0.67 0.62 0.61 0.61

Competitive Comparison of Koa's Equity-to-Asset

For the Electronic Components subindustry, Koa'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.


Koa's Equity-to-Asset Distribution in the Hardware Industry

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

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



Koa 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.

Koa's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=73722/112768
=0.65

Koa'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
=75979/124483
=0.61

* 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.


Koa  (TSE:6999) 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%.


Koa Equity-to-Asset Related Terms

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


Koa (TSE:6999) Business Description

Traded in Other Exchanges
N/A
Address
Nakaminowa 14016, Minowa, Nagano, JPN, 399-4601
Koa Corp is a Japan-based company, engages in the development, manufacture, and sale of electronic components. It offers its products such as circuit components, which include resistors, integrated circuits, composite parts, thermal sensors, inductors, fuses and others. Geographically the company operates throughout Japan, Asia, America and Europe.

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