GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Two stone & Sons Inc (TSE:7352) » Definitions » Equity-to-Asset

Two stone & Sons (TSE:7352) Equity-to-Asset : 0.19 (As of Feb. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Two stone & Sons Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Two stone & Sons's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円890 Mil. Two stone & Sons's Total Assets for the quarter that ended in Feb. 2024 was 円4,697 Mil. Therefore, Two stone & Sons's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.19.

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

TSE:7352' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.3   Max: 0.47
Current: 0.19

During the past 6 years, the highest Equity to Asset Ratio of Two stone & Sons was 0.47. The lowest was 0.19. And the median was 0.30.

TSE:7352's Equity-to-Asset is ranked worse than
86.03% of 1088 companies
in the Business Services industry
Industry Median: 0.5 vs TSE:7352: 0.19

Two stone & Sons Equity-to-Asset Historical Data

The historical data trend for Two stone & Sons'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.

Two stone & Sons Equity-to-Asset Chart

Two stone & Sons Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial 0.32 0.44 0.44 0.29 0.22

Two stone & Sons Quarterly Data
Aug18 Aug19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.30 0.28 0.22 0.21 0.19

Competitive Comparison of Two stone & Sons's Equity-to-Asset

For the Specialty Business Services subindustry, Two stone & Sons'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.


Two stone & Sons's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Two stone & Sons's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Two stone & Sons's Equity-to-Asset falls into.



Two stone & Sons 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.

Two stone & Sons's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=897.072/4086.088
=0.22

Two stone & Sons's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=889.901/4697.226
=0.19

* 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.


Two stone & Sons  (TSE:7352) 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%.


Two stone & Sons Equity-to-Asset Related Terms

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


Two stone & Sons (TSE:7352) Business Description

Traded in Other Exchanges
N/A
Address
2-22-3 Shibuya, Shibuya East Exit Building 6F, Shibuya-ku, Tokyo, JPN, 150-0002
Two Stone & Sons Inc is an engineering company providing engineering resources to companies, media businesses, and programming school businesses. The company develops services such as in-house media management and client solutions such as contract development.

Two stone & Sons (TSE:7352) Headlines

No Headlines