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Yamazaki Baking Co (Yamazaki Baking Co) Liabilities-to-Assets : 0.44 (As of Dec. 2023)


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What is Yamazaki Baking 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. Yamazaki Baking Co's Total Liabilities for the quarter that ended in Dec. 2023 was $2,472 Mil. Yamazaki Baking Co's Total Assets for the quarter that ended in Dec. 2023 was $5,570 Mil. Therefore, Yamazaki Baking Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.44.


Yamazaki Baking Co Liabilities-to-Assets Historical Data

The historical data trend for Yamazaki Baking 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.

* Premium members only.

Yamazaki Baking Co Liabilities-to-Assets Chart

Yamazaki Baking Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.49 0.50 0.46 0.44

Yamazaki Baking Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Liabilities-to-Assets 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 0.46 0.44 0.44 0.44 -

Competitive Comparison of Yamazaki Baking Co's Liabilities-to-Assets

For the Packaged Foods subindustry, Yamazaki Baking 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.


Yamazaki Baking Co's Liabilities-to-Assets Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Yamazaki Baking Co's Liabilities-to-Assets distribution charts can be found below:

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



Yamazaki Baking 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.

Yamazaki Baking 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
=2471.873/5570.403
=0.44

Yamazaki Baking Co'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
=2471.873/5570.403
=0.44

* 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.


Yamazaki Baking Co  (OTCPK:YMZBY) 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.


Yamazaki Baking Co Liabilities-to-Assets Related Terms

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Yamazaki Baking Co (Yamazaki Baking Co) Business Description

Traded in Other Exchanges
Address
10-1, Iwamotocho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-8585
Yamazaki Baking is the largest manufacturer of packaged baked goods in Japan, with a nationwide manufacturing and distribution network. It holds about a 40% share of domestic packaged bakery sales. Bread loaves and sweet buns contribute about 44% of group sales. Other key products include Japanese and western-style sweets, biscuits, as well as sandwiches and prepared meal boxes supplied to convenience stores and supermarkets. It also operates a chain of 1,400-plus Daily Yamazaki convenience stores in Japan. While Yamazaki also operates fresh bakeries in Asia, most of the overseas businesses remain unconsolidated given unmeaningful contribution.

Yamazaki Baking Co (Yamazaki Baking Co) Headlines

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