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Sohgo Security Services Co (TSE:2331) Equity-to-Asset : 0.60 (As of Dec. 2023)


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What is Sohgo Security Services Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sohgo Security Services Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円321,992 Mil. Sohgo Security Services Co's Total Assets for the quarter that ended in Dec. 2023 was 円539,242 Mil. Therefore, Sohgo Security Services Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.60.

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

TSE:2331' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.54   Max: 0.62
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Sohgo Security Services Co was 0.62. The lowest was 0.46. And the median was 0.54.

TSE:2331's Equity-to-Asset is ranked better than
64.16% of 1091 companies
in the Business Services industry
Industry Median: 0.49 vs TSE:2331: 0.60

Sohgo Security Services Co Equity-to-Asset Historical Data

The historical data trend for Sohgo Security Services 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.

Sohgo Security Services Co Equity-to-Asset Chart

Sohgo Security Services Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.57 0.58 0.62 0.61

Sohgo Security Services 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 0.58 0.61 0.62 0.62 0.60

Competitive Comparison of Sohgo Security Services Co's Equity-to-Asset

For the Security & Protection Services subindustry, Sohgo Security Services 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.


Sohgo Security Services Co's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sohgo Security Services Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sohgo Security Services Co's Equity-to-Asset falls into.



Sohgo Security Services 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.

Sohgo Security Services Co'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
=314891/516647
=0.61

Sohgo Security Services 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
=321992/539242
=0.60

* 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.


Sohgo Security Services Co  (TSE:2331) 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%.


Sohgo Security Services Co Equity-to-Asset Related Terms

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Sohgo Security Services Co (TSE:2331) Business Description

Traded in Other Exchanges
Address
1-6-6 Moto-Akasaka, Minato-ku, Tokyo, JPN, 107-8511
Sohgo Security Services Co Ltd is a Japanese security services provider. The services and products offered include home security systems, personal security for senior citizens, children and women, life support such as housework contracting, listening-device inspection and long-term care, online security systems for corporations, electronic security systems with monitoring capabilities, ATM management systems, damage insurance, and housing complexes security services.

Sohgo Security Services Co (TSE:2331) Headlines

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