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Earth Infinity Co (TSE:7692) Equity-to-Asset : 0.33 (As of Jan. 2024)


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What is Earth Infinity Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Earth Infinity Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was 円723 Mil. Earth Infinity Co's Total Assets for the quarter that ended in Jan. 2024 was 円2,176 Mil. Therefore, Earth Infinity Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.33.

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

TSE:7692' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.33   Max: 0.66
Current: 0.33

During the past 6 years, the highest Equity to Asset Ratio of Earth Infinity Co was 0.66. The lowest was 0.17. And the median was 0.33.

TSE:7692's Equity-to-Asset is ranked worse than
59.27% of 518 companies
in the Utilities - Regulated industry
Industry Median: 0.37 vs TSE:7692: 0.33

Earth Infinity Co Equity-to-Asset Historical Data

The historical data trend for Earth Infinity 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.

Earth Infinity Co Equity-to-Asset Chart

Earth Infinity Co Annual Data
Trend Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial 0.27 0.47 0.62 0.21 0.33

Earth Infinity Co Quarterly Data
Jul18 Jul19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.31 0.32 0.33 0.34 0.33

Competitive Comparison of Earth Infinity Co's Equity-to-Asset

For the Utilities - Diversified subindustry, Earth Infinity 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.


Earth Infinity Co's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Earth Infinity Co's Equity-to-Asset distribution charts can be found below:

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



Earth Infinity 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.

Earth Infinity Co's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=858.69/2584.386
=0.33

Earth Infinity Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=723.033/2175.645
=0.33

* 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.


Earth Infinity Co  (TSE:7692) 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%.


Earth Infinity Co Equity-to-Asset Related Terms

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Earth Infinity Co (TSE:7692) Business Description

Traded in Other Exchanges
N/A
Address
2-2-28 Dojimahama, Osaka Kita-ku, Osaka, JPN, 530-0004
Earth Infinity Co Ltd is engaged in electricity retailing and gas retailing. The company is also engaged in manufacturing, sales and unloading of electronic equipment and electric products.

Earth Infinity Co (TSE:7692) Headlines

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