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Ecology and Combustion (NGO:6225) Liabilities-to-Assets : 0.27 (As of Jan. 2024)


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What is Ecology and Combustion 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. Ecology and Combustion's Total Liabilities for the quarter that ended in Jan. 2024 was 円1,081 Mil. Ecology and Combustion's Total Assets for the quarter that ended in Jan. 2024 was 円3,993 Mil. Therefore, Ecology and Combustion's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 was 0.27.


Ecology and Combustion Liabilities-to-Assets Historical Data

The historical data trend for Ecology and Combustion'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.

Ecology and Combustion Liabilities-to-Assets Chart

Ecology and Combustion Annual Data
Trend Jul22 Jul23
Liabilities-to-Assets
0.37 0.28

Ecology and Combustion Quarterly Data
Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Liabilities-to-Assets Get a 7-Day Free Trial 0.23 0.30 0.28 0.26 0.27

Competitive Comparison of Ecology and Combustion's Liabilities-to-Assets

For the Specialty Industrial Machinery subindustry, Ecology and Combustion'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.


Ecology and Combustion's Liabilities-to-Assets Distribution in the Industrial Products Industry

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

* The bar in red indicates where Ecology and Combustion's Liabilities-to-Assets falls into.



Ecology and Combustion 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.

Ecology and Combustion's Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2023 is calculated as:

Liabilities-to-Assets (A: Jul. 2023 )=Total Liabilities/Total Assets
=1130.354/4032.707
=0.28

Ecology and Combustion's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 is calculated as

Liabilities-to-Assets (Q: Jan. 2024 )=Total Liabilities/Total Assets
=1081.215/3992.765
=0.27

* 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.


Ecology and Combustion  (NGO:6225) 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.


Ecology and Combustion Liabilities-to-Assets Related Terms

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Ecology and Combustion (NGO:6225) Business Description

Traded in Other Exchanges
N/A
Address
4-5-6 Shinmiyakoda (Hamamatsu Technopolis), Kita-Ku, Hamamatsu, JPN, 4312103
Ecology and Combustion Inc is engaged in the development, design, manufacture and maintenance of heating equipment. It develops, design, manufacture, and maintain deodorizing equipment, aluminum melting/holding furnaces, drying furnaces, heat treatment furnaces, and burners.

Ecology and Combustion (NGO:6225) Headlines

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