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King Jim Co (TSE:7962) Equity-to-Asset : 0.64 (As of Mar. 2024)


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What is King Jim Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. King Jim Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円24,799 Mil. King Jim Co's Total Assets for the quarter that ended in Mar. 2024 was 円38,551 Mil. Therefore, King Jim Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.64.

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

TSE:7962' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.7   Max: 0.82
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of King Jim Co was 0.82. The lowest was 0.62. And the median was 0.70.

TSE:7962's Equity-to-Asset is ranked better than
64.17% of 3031 companies
in the Industrial Products industry
Industry Median: 0.56 vs TSE:7962: 0.64

King Jim Co Equity-to-Asset Historical Data

The historical data trend for King Jim 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.

King Jim Co Equity-to-Asset Chart

King Jim Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.78 0.79 0.72 0.69

King Jim Co 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 0.64 0.69 0.68 0.66 0.64

Competitive Comparison of King Jim Co's Equity-to-Asset

For the Business Equipment & Supplies subindustry, King Jim 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.


King Jim Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, King Jim Co's Equity-to-Asset distribution charts can be found below:

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



King Jim 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.

King Jim Co's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=24833.333/35812.145
=0.69

King Jim 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
=24798.558/38550.983
=0.64

* 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.


King Jim Co  (TSE:7962) 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%.


King Jim Co Equity-to-Asset Related Terms

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King Jim Co (TSE:7962) Business Description

Traded in Other Exchanges
N/A
Address
10-18, Higashi-Kanda 2-chome, Chiyoda-ku, Tokyo, JPN
King Jim Co.Ltd manufactures and supplies stationery and office equipment such as tape printer, electronic memo, digital business card organizer, office stationery, functional earphone, password management supplies, and functional mouse.

King Jim Co (TSE:7962) Headlines

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