GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Zojirushi Corp (TSE:7965) » Definitions » Equity-to-Asset

Zojirushi (TSE:7965) Equity-to-Asset : 0.75 (As of Feb. 2024)


View and export this data going back to 1986. Start your Free Trial

What is Zojirushi Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zojirushi's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円85,901 Mil. Zojirushi's Total Assets for the quarter that ended in Feb. 2024 was 円115,027 Mil. Therefore, Zojirushi's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.75.

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

TSE:7965' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.75   Max: 0.78
Current: 0.75

During the past 13 years, the highest Equity to Asset Ratio of Zojirushi was 0.78. The lowest was 0.68. And the median was 0.75.

TSE:7965's Equity-to-Asset is ranked better than
82.79% of 430 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.56 vs TSE:7965: 0.75

Zojirushi Equity-to-Asset Historical Data

The historical data trend for Zojirushi'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.

Zojirushi Equity-to-Asset Chart

Zojirushi Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.75 0.75 0.72 0.75

Zojirushi Quarterly Data
May19 Aug19 Nov19 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 Premium Member Only 0.76 0.76 0.75 0.75 0.75

Competitive Comparison of Zojirushi's Equity-to-Asset

For the Furnishings, Fixtures & Appliances subindustry, Zojirushi'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.


Zojirushi's Equity-to-Asset Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Zojirushi's Equity-to-Asset distribution charts can be found below:

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



Zojirushi 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.

Zojirushi'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
=84479/112418
=0.75

Zojirushi'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
=85901/115027
=0.75

* 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.


Zojirushi  (TSE:7965) 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%.


Zojirushi Equity-to-Asset Related Terms

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


Zojirushi (TSE:7965) Business Description

Traded in Other Exchanges
N/A
Address
19-9,1-Chome Tenma, Kita-ku, Osaka, JPN, 530-0043
Zojirushi Corporation is a Japan-based firm that is mainly engaged in the manufacturing, sales, and distribution of cooking appliances, heat-insulating containers and household appliances. The company's products include rice cookers, water boilers, gourmet products, bread makers, coffee makers, thermos bottles, humidifiers, water purifiers, and others. The company is headquartered in Osaka, Japan, and also operates business in overseas areas, including the United States, China, South Korea, and other countries in South East Asia.

Zojirushi (TSE:7965) Headlines

No Headlines