Dai-ichi Life Holdings (TSE:8750) Equity-to-Asset : 0.05 (As of Dec. 2023)

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What is Dai-ichi Life Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dai-ichi Life Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円2,980,394 Mil. Dai-ichi Life Holdings's Total Assets for the quarter that ended in Dec. 2023 was 円65,782,663 Mil. Therefore, Dai-ichi Life Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.05.

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

TSE:8750' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04 Med: 0.07 Max: 0.08
Current: 0.05

During the past 13 years, the highest Equity to Asset Ratio of Dai-ichi Life Holdings was 0.08. The lowest was 0.04. And the median was 0.07.

TSE:8750's Equity-to-Asset is ranked worse than
88.59% of 491 companies
in the Insurance industry
Industry Median: 0.24 vs TSE:8750: 0.05

Dai-ichi Life Holdings Equity-to-Asset Historical Data

The historical data trend for Dai-ichi Life Holdings'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.

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Dai-ichi Life Holdings Equity-to-Asset Chart

Dai-ichi Life Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.07

0.06

0.08

0.07

0.05

Dai-ichi Life Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.04	0.05	0.05	0.05	0.05

Competitive Comparison of Dai-ichi Life Holdings's Equity-to-Asset

For the Insurance - Life subindustry, Dai-ichi Life Holdings'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.

Dai-ichi Life Holdings's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dai-ichi Life Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Dai-ichi Life Holdings's Equity-to-Asset falls into.

Dai-ichi Life Holdings 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.

Dai-ichi Life Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2873111	/	61578872
	=	0.05

Dai-ichi Life Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2980394	/	65782663
	=	0.05

Dai-ichi Life Holdings (TSE:8750) 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%.

Dai-ichi Life Holdings Equity-to-Asset Related Terms

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

Dai-ichi Life Holdings (TSE:8750) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Dai-ichi Life Holdings Inc (TSE:8750) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

DLICY:USA DCNSF:USA

Address

13-1, Yurakucho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8411

Website

https://www.dai-ichi-life-hd.com

Dai-Ichi Life is Japan's second-largest life insurance company excluding recently privatized Japan Post Insurance, with a market share of slightly over 10%. Unlike its largest domestic competitors Nippon Life, Meiji Yasuda, and Sumitomo Life, which remain mutually owned by their policyholders, Dai-Ichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. Its main domestic operating company accounts for around 60% of profits, its Frontier bancassurance subsidiary selling mainly savings products accounts for around 10%, Alabama-based Protective Life accounts for around 15%, TAL in Australia accounts for 7%, and Dai-Ichi Life Vietnam around 5%. Dai-Ichi also holds a 30% economic interest in Mizuho's Asset Management One.

Dai-ichi Life Holdings (TSE:8750) Headlines

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