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Iida Group Holdings Co (TSE:3291) Equity-to-Asset : 0.53 (As of Dec. 2023)


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What is Iida Group Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Iida Group Holdings Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was 円967,277 Mil. Iida Group Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was 円1,818,629 Mil. Therefore, Iida Group Holdings Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.53.

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

TSE:3291' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.56   Max: 0.59
Current: 0.53

During the past 10 years, the highest Equity to Asset Ratio of Iida Group Holdings Co was 0.59. The lowest was 0.52. And the median was 0.56.

TSE:3291's Equity-to-Asset is ranked better than
52.78% of 108 companies
in the Homebuilding & Construction industry
Industry Median: 0.515 vs TSE:3291: 0.53

Iida Group Holdings Co Equity-to-Asset Historical Data

The historical data trend for Iida Group Holdings 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.

Iida Group Holdings Co Equity-to-Asset Chart

Iida Group Holdings 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 0.55 0.52 0.58 0.55 0.55

Iida Group Holdings 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 0.55 0.55 0.55 0.55 0.53

Competitive Comparison of Iida Group Holdings Co's Equity-to-Asset

For the Residential Construction subindustry, Iida Group Holdings 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.


Iida Group Holdings Co's Equity-to-Asset Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Iida Group Holdings Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Iida Group Holdings Co's Equity-to-Asset falls into.



Iida Group Holdings 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.

Iida Group Holdings 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
=967319/1764918
=0.55

Iida Group Holdings 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
=967277/1818629
=0.53

* 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.


Iida Group Holdings Co  (TSE:3291) 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%.


Iida Group Holdings Co Equity-to-Asset Related Terms

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Iida Group Holdings Co (TSE:3291) Business Description

Traded in Other Exchanges
Address
1-4-1, Nishihara-cho Nishitokyo, Tokyo, JPN
Iida Group Holdings Co Ltd is engaged in the operation of real estate business. It is involved in the development of real estate properties and the sale of various real estate properties. The company is also involved in various other real estate-related activities, such as renovation works, real estate brokerage services, hot spring and golf course operations, arrangement and lending of mortgage loans, and the provision of Internet-related consulting services, among others.

Iida Group Holdings Co (TSE:3291) Headlines

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