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Toho Co (TSE:9602) Equity-to-Asset : 0.75 (As of Feb. 2024)


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What is Toho Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Toho Co's Total Stockholders Equity for the quarter that ended in Feb. 2024 was 円458,888 Mil. Toho Co's Total Assets for the quarter that ended in Feb. 2024 was 円615,826 Mil. Therefore, Toho Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was 0.75.

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

TSE:9602' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.73   Med: 0.76   Max: 0.79
Current: 0.75

During the past 13 years, the highest Equity to Asset Ratio of Toho Co was 0.79. The lowest was 0.73. And the median was 0.76.

TSE:9602's Equity-to-Asset is ranked better than
80.3% of 1061 companies
in the Media - Diversified industry
Industry Median: 0.52 vs TSE:9602: 0.75

Toho Co Equity-to-Asset Historical Data

The historical data trend for Toho 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.

Toho Co Equity-to-Asset Chart

Toho Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.79 0.79 0.77 0.75

Toho Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.77 0.77 0.77 0.78 0.75

Competitive Comparison of Toho Co's Equity-to-Asset

For the Entertainment subindustry, Toho 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.


Toho Co's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Toho Co's Equity-to-Asset distribution charts can be found below:

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



Toho 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.

Toho Co's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Equity to Asset (A: Feb. 2024 )=Total Stockholders Equity/Total Assets
=458888/615826
=0.75

Toho Co's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=458888/615826
=0.75

* 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.


Toho Co  (TSE:9602) 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%.


Toho Co Equity-to-Asset Related Terms

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


Toho Co (TSE:9602) Business Description

Traded in Other Exchanges
Address
1-2-2 Yurakucho Chiyoda-ku, Tokyo, JPN, 100-8415
Toho is a diversified media company, with interests in the film and theater businesses. The company operates through three primary business segments: movie, theater, and real estate. The movie segment generates the vast majority of its revenue and is involved in the production and distribution of feature films. The theater segment is involved in planning, producing, and performing stage productions. The corporate real estate segment leases land and buildings. The company generates the vast majority of its revenue in Japan.

Toho Co (TSE:9602) Headlines

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