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SBI Sumishin Net Bank (TSE:7163) Liabilities-to-Assets : 0.99 (As of Dec. 2023)


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What is SBI Sumishin Net Bank 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. SBI Sumishin Net Bank's Total Liabilities for the quarter that ended in Dec. 2023 was 円10,196,435 Mil. SBI Sumishin Net Bank's Total Assets for the quarter that ended in Dec. 2023 was 円10,343,135 Mil. Therefore, SBI Sumishin Net Bank's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.99.


SBI Sumishin Net Bank Liabilities-to-Assets Historical Data

The historical data trend for SBI Sumishin Net Bank'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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SBI Sumishin Net Bank Liabilities-to-Assets Chart

SBI Sumishin Net Bank Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
0.98 0.98 0.98 0.99 0.99

SBI Sumishin Net Bank Quarterly Data
Mar20 Mar21 Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.99 0.99 0.99 0.99

Competitive Comparison of SBI Sumishin Net Bank's Liabilities-to-Assets

For the Banks - Regional subindustry, SBI Sumishin Net Bank'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.


SBI Sumishin Net Bank's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SBI Sumishin Net Bank's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where SBI Sumishin Net Bank's Liabilities-to-Assets falls into.



SBI Sumishin Net Bank 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.

SBI Sumishin Net Bank's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=10524807/10676416
=0.99

SBI Sumishin Net Bank's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=10196435/10343135
=0.99

* 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.


SBI Sumishin Net Bank  (TSE:7163) 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.


SBI Sumishin Net Bank Liabilities-to-Assets Related Terms

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SBI Sumishin Net Bank (TSE:7163) Business Description

Traded in Other Exchanges
N/A
Address
1-6-1 Roppongi, Izumi Garden Tower 18th floor, Tokyo, JPN, 106-6018
SBI Sumishin Net Bank Ltd is a specialized Internet bank. It offers deposits, investment, loans, cards and other services.

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