GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Japan Excellent Inc (TSE:8987) » Definitions » Equity-to-Asset

Japan Excellent (TSE:8987) Equity-to-Asset : 0.51 (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Japan Excellent Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Japan Excellent's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円150,659 Mil. Japan Excellent's Total Assets for the quarter that ended in Dec. 2023 was 円294,823 Mil. Therefore, Japan Excellent's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.

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

TSE:8987' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.47   Med: 0.51   Max: 0.52
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of Japan Excellent was 0.52. The lowest was 0.47. And the median was 0.51.

TSE:8987's Equity-to-Asset is ranked worse than
61.51% of 860 companies
in the REITs industry
Industry Median: 0.57 vs TSE:8987: 0.51

Japan Excellent Equity-to-Asset Historical Data

The historical data trend for Japan Excellent'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.

Japan Excellent Equity-to-Asset Chart

Japan Excellent Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.52 0.52 0.51 0.51

Japan Excellent Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.52 0.52 0.51 0.52 0.51

Competitive Comparison of Japan Excellent's Equity-to-Asset

For the REIT - Office subindustry, Japan Excellent'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.


Japan Excellent's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Japan Excellent's Equity-to-Asset distribution charts can be found below:

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



Japan Excellent 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.

Japan Excellent's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=150659/294823
=0.51

Japan Excellent'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
=150659/294823
=0.51

* 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.


Japan Excellent  (TSE:8987) 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%.


Japan Excellent Equity-to-Asset Related Terms

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


Japan Excellent (TSE:8987) Business Description

Traded in Other Exchanges
N/A
Address
1-9-20 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Japan Excellent Inc is a real estate investment trust. It mainly invests in office buildings located in major metropolitan areas and pursues to create a portfolio that produces stable growth of income by acquiring properties. The company's portfolio of assets is managed by Japan Excellent Asset Management Co., Ltd.

Japan Excellent (TSE:8987) Headlines

No Headlines