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Odelic Co (DELISTED:6889) Liabilities-to-Assets : 0.23 (As of Dec. 2019)


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What is Odelic 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. Odelic Co's Total Liabilities for the quarter that ended in Dec. 2019 was 円10,158 Mil. Odelic Co's Total Assets for the quarter that ended in Dec. 2019 was 円44,482 Mil. Therefore, Odelic Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2019 was 0.23.


Odelic Co Liabilities-to-Assets Historical Data

The historical data trend for Odelic 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.

Odelic Co Liabilities-to-Assets Chart

Odelic Co Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.29 0.26 0.23 0.22

Odelic Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.22 0.22 0.24 0.23 0.23

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

For the Electrical Equipment & Parts subindustry, Odelic 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.


Odelic Co's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Odelic Co's Liabilities-to-Assets distribution charts can be found below:

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



Odelic 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.

Odelic Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2019 is calculated as:

Liabilities-to-Assets (A: Mar. 2019 )=Total Liabilities/Total Assets
=9180.372/41783.416
=0.22

Odelic Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2019 is calculated as

Liabilities-to-Assets (Q: Dec. 2019 )=Total Liabilities/Total Assets
=10158.428/44482.468
=0.23

* 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.


Odelic Co  (DELISTED:6889) 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.


Odelic Co Liabilities-to-Assets Related Terms

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Odelic Co (DELISTED:6889) Business Description

Traded in Other Exchanges
N/A
Address
1-17-5 Miyamae, Suginami-ku, Tokyo, JPN, 168-0081
Odelic Co., Ltd. manufactures and sells lighting appliances. It offers lighting equipment and ceiling fans for domestic, commercial and industrial purposes. It also manufactures and sells light sensors and speakers. The Company specializes in the production of decorative lighting products to enhance home interiors.

Odelic Co (DELISTED:6889) Headlines

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