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Nakamichi leasing Co (SSE:8594) Equity-to-Asset : 0.07 (As of Dec. 2023)


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What is Nakamichi leasing Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nakamichi leasing Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円10,750 Mil. Nakamichi leasing Co's Total Assets for the quarter that ended in Dec. 2023 was 円151,447 Mil. Therefore, Nakamichi leasing Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.07.

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

SSE:8594' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.06   Max: 0.07
Current: 0.07

During the past 12 years, the highest Equity to Asset Ratio of Nakamichi leasing Co was 0.07. The lowest was 0.06. And the median was 0.06.

SSE:8594's Equity-to-Asset is ranked worse than
90.56% of 540 companies
in the Credit Services industry
Industry Median: 0.365 vs SSE:8594: 0.07

Nakamichi leasing Co Equity-to-Asset Historical Data

The historical data trend for Nakamichi leasing 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.

Nakamichi leasing Co Equity-to-Asset Chart

Nakamichi leasing Co 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 0.06 0.07 0.07 0.07 0.07

Nakamichi leasing Co 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 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 0.07 0.07 0.07 0.07 0.07

Competitive Comparison of Nakamichi leasing Co's Equity-to-Asset

For the Credit Services subindustry, Nakamichi leasing 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.


Nakamichi leasing Co's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Nakamichi leasing Co's Equity-to-Asset distribution charts can be found below:

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



Nakamichi leasing 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.

Nakamichi leasing Co'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
=10749.991/151446.899
=0.07

Nakamichi leasing Co'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
=10749.991/151446.899
=0.07

* 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.


Nakamichi leasing Co  (SSE:8594) 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%.


Nakamichi leasing Co Equity-to-Asset Related Terms

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Nakamichi leasing Co (SSE:8594) Business Description

Traded in Other Exchanges
N/A
Address
1-3-3 Higashi Kita-Ichijo, Chuo-ku, Sapporo, JPN, 060-8539
Nakamichi leasing Co Ltd is a Japanese firm which provides general leasing services. It offers finance lease, deferred payment sale (installment) transaction, car and automobile leasing, and financing activities. It has a space system which provides rental service and it also provides comprehensive energy conservation service.

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