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Belc Co (TSE:9974) Equity-to-Asset : 0.55 (As of Nov. 2023)


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What is Belc Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Belc Co's Total Stockholders Equity for the quarter that ended in Nov. 2023 was 円98,544 Mil. Belc Co's Total Assets for the quarter that ended in Nov. 2023 was 円180,591 Mil. Therefore, Belc Co's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.55.

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

TSE:9974' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.54   Max: 0.56
Current: 0.54

During the past 13 years, the highest Equity to Asset Ratio of Belc Co was 0.56. The lowest was 0.50. And the median was 0.54.

TSE:9974's Equity-to-Asset is ranked better than
68.15% of 314 companies
in the Retail - Defensive industry
Industry Median: 0.395 vs TSE:9974: 0.54

Belc Co Equity-to-Asset Historical Data

The historical data trend for Belc 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.

Belc Co Equity-to-Asset Chart

Belc 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 0.55 0.56 0.55 0.54 0.54

Belc 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 0.54 0.54 0.54 0.55 0.54

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

For the Grocery Stores subindustry, Belc 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.


Belc Co's Equity-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Belc Co's Equity-to-Asset distribution charts can be found below:

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



Belc 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.

Belc 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
=99964/184363
=0.54

Belc Co's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=98544/180591
=0.55

* 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.


Belc Co  (TSE:9974) 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%.


Belc Co Equity-to-Asset Related Terms

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Belc Co (TSE:9974) Business Description

Traded in Other Exchanges
N/A
Address
5456 Yodo Yorii-machi, Osato-gun, Saitama, JPN, 369-1298
Belc Co Ltd manages a chain of food supermarkets in Japan. The company is headquartered in Japan and earns the entirety of its revenue domestically. The company has a chain of retail stores in the Tokyo metropolitan area and is focused on the Saitama prefecture. Through its subsidiaries, Belc Co. Ltd is involved with the production and distribution of food items and ready-made meals to its self-run stores. Its products include perishable goods, grocery items, sundry items, daily necessities and processed food. Belc Co. Ltd also provides services to its stores including chain management and cleaning.

Belc Co (TSE:9974) Headlines

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