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FP Partner (TSE:7388) Equity-to-Asset : 0.66 (As of Feb. 2024)


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What is FP Partner Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. FP Partner's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円10,509 Mil. FP Partner's Total Assets for the quarter that ended in Feb. 2024 was 円16,046 Mil. Therefore, FP Partner's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.66.

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

TSE:7388' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.63   Max: 0.68
Current: 0.66

During the past 4 years, the highest Equity to Asset Ratio of FP Partner was 0.68. The lowest was 0.24. And the median was 0.63.

TSE:7388's Equity-to-Asset is ranked better than
94.09% of 491 companies
in the Insurance industry
Industry Median: 0.24 vs TSE:7388: 0.66

FP Partner Equity-to-Asset Historical Data

The historical data trend for FP Partner'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.

FP Partner Equity-to-Asset Chart

FP Partner Annual Data
Trend Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
0.24 0.34 0.61 0.66

FP Partner Quarterly Data
Nov20 Nov21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.64 0.66 0.66 0.66

Competitive Comparison of FP Partner's Equity-to-Asset

For the Insurance Brokers subindustry, FP Partner'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.


FP Partner's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, FP Partner's Equity-to-Asset distribution charts can be found below:

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



FP Partner 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.

FP Partner's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=12647.478/19150.483
=0.66

FP Partner'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
=10509.447/16045.793
=0.65

* 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.


FP Partner  (TSE:7388) 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%.


FP Partner Equity-to-Asset Related Terms

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


FP Partner (TSE:7388) Business Description

Traded in Other Exchanges
N/A
Address
1-5-3 Koraku, 5F Koraku International Building, Bunkyo-ku, Tokyo, JPN, 112-0004
FP Partner Inc is engaged in the Insurance agency business. It offers insurance for individuals and corporations, Financial instruments intermediary service and for housing loan agency business.

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