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Aska (NGO:7227) Liabilities-to-Assets : 0.67 (As of May. 2024)


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What is Aska 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. Aska's Total Liabilities for the quarter that ended in May. 2024 was 円25,904 Mil. Aska's Total Assets for the quarter that ended in May. 2024 was 円38,550 Mil. Therefore, Aska's Liabilities-to-Assets Ratio for the quarter that ended in May. 2024 was 0.67.


Aska Liabilities-to-Assets Historical Data

The historical data trend for Aska'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.

Aska Liabilities-to-Assets Chart

Aska Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.76 0.73 0.71 0.70

Aska Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 0.72 0.70 0.70 0.68 0.67

Competitive Comparison of Aska's Liabilities-to-Assets

For the Auto Parts subindustry, Aska'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.


Aska's Liabilities-to-Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Aska's Liabilities-to-Assets distribution charts can be found below:

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



Aska 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.

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

Liabilities-to-Assets (A: Nov. 2023 )=Total Liabilities/Total Assets
=27122.828/38944.36
=0.70

Aska's Liabilities-to-Assets Ratio for the quarter that ended in May. 2024 is calculated as

Liabilities-to-Assets (Q: May. 2024 )=Total Liabilities/Total Assets
=25903.535/38549.652
=0.67

* 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.


Aska  (NGO:7227) 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.


Aska Liabilities-to-Assets Related Terms

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Aska Business Description

Traded in Other Exchanges
N/A
Address
11 Hibiki- machi Kariyama-machi, Aichi Prefecture, Kariya, JPN, 448 0002
Aska Corp is a Japan based company engaged in automobile parts business, distribution board business and robot system business. In the automotive parts business, the company is engaged in building body parts that form the framework of the car. The distribution board business carried by the company involves designing and manufacturing of control panel, cabinet boxes, OEM product, electric car ordinary charger and press deep drawing products.

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