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Thinca Co (TSE:149A) Liabilities-to-Assets : 0.14 (As of Mar. 2024)


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What is Thinca Co Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Thinca Co's Total Liabilities for the quarter that ended in Mar. 2024 was 円149.5 Mil. Thinca Co's Total Assets for the quarter that ended in Mar. 2024 was 円1,104.8 Mil. Therefore, Thinca Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.14.


Thinca Co Liabilities-to-Assets Historical Data

The historical data trend for Thinca Co's Liabilities-to-Assets 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.

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Thinca Co Liabilities-to-Assets Chart

Thinca Co Annual Data
Trend Dec21 Dec22 Dec23
Liabilities-to-Assets
0.21 0.29 0.27

Thinca Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24
Liabilities-to-Assets 0.21 0.29 0.26 0.27 0.14

Competitive Comparison of Thinca Co's Liabilities-to-Assets

For the Software - Application subindustry, Thinca Co's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Thinca Co's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Thinca Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Thinca Co's Liabilities-to-Assets falls into.



Thinca Co Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Thinca Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=144.812/536.751
=0.27

Thinca Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=149.548/1104.842
=0.14

* 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.


Thinca Co  (TSE:149A) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Thinca Co Liabilities-to-Assets Related Terms

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Thinca Co (TSE:149A) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3-3 Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-0054
Website
Thinca Co Ltd is engaged in development and distribution of communication platform "KAICLOUD", and other related business.

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