J Trust Co (TSE:8508) Equity-to-Asset : 0.12 (As of Mar. 2024)

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What is J Trust Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. J Trust Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was 円153,400 Mil. J Trust Co's Total Assets for the quarter that ended in Mar. 2024 was 円1,285,024 Mil. Therefore, J Trust Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.12.

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

TSE:8508' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.17 Max: 0.53
Current: 0.12

During the past 13 years, the highest Equity to Asset Ratio of J Trust Co was 0.53. The lowest was 0.11. And the median was 0.17.

TSE:8508's Equity-to-Asset is ranked worse than
79.19% of 620 companies
in the Diversified Financial Services industry
Industry Median: 0.81 vs TSE:8508: 0.12

J Trust Co Equity-to-Asset Historical Data

The historical data trend for J Trust 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.

J Trust Co Equity-to-Asset Chart

J Trust Co Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Equity-to-Asset

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0.22

0.16

0.17

0.16

0.11

J Trust 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															0.12	0.12	0.12	0.13	0.12

Competitive Comparison of J Trust Co's Equity-to-Asset

For the Financial Conglomerates subindustry, J Trust 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.

J Trust Co's Equity-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, J Trust Co's Equity-to-Asset distribution charts can be found below:

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

J Trust 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.

J Trust Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	117268	/	1115943
	=	0.11

J Trust 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
	=	153400	/	1285024
	=	0.12

J Trust Co (TSE:8508) 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%.

J Trust Co Equity-to-Asset Related Terms

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

J Trust Co (TSE:8508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » J Trust Co Ltd (TSE:8508) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Toranomon First Garden 1-7-12 Toranomon, Minato-Ku, Tokyo, JPN, 105-0001

Website

http://www.jt-corp.co.jp

J Trust Co Ltd is a Japan-based company that operates financial and nonfinancial businesses via several subsidiaries. The company's financial business includes a domestic financial business, which consists of credit guarantee, credit and consumer credit, collection of accounts receivable, and other financial services; a financial business in South Korea, which contains a savings bank business, capital business, and a collection of accounts receivable; and a financial business in Southeast Asia, which contains a banking business and a collection of accounts receivable. It's nonfinancial business includes a general entertainment business, a real estate business, an investment business, and other business. It generates around two thirds of its total revenue from its financial businesses.

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