OKASY (Onward Holdings Co) Liabilities-to-Assets : 0.51 (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OKASY Onward Holdings Co Ltd OKASY
76 GF Score
Price $50.00
GF Value $46.96
! 2 Warning Signs
View Full Analysis

What is Onward Holdings Co Liabilities-to-Assets?

Onward Holdings Co OKASY 76 Liabilities-to-Assets is 0.51 as of Feb. 2026. GuruFocus rates OKASY with a GF Score™ of 76/100 and a GF Value™ of $46.96. The stock has 2 warning signs investors should review.

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. Onward Holdings Co's Total Liabilities for the quarter that ended in Feb. 2026 was $617 Mil. Onward Holdings Co's Total Assets for the quarter that ended in Feb. 2026 was $1,220 Mil. Therefore, Onward Holdings Co's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2026 was 0.51.


Onward Holdings Co  (OTCPK:OKASY) 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.


Onward Holdings Co Liabilities-to-Assets Related Terms


Onward Holdings Co Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Onward Holdings 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.

Onward Holdings Co Liabilities-to-Assets Chart

Onward Holdings Co Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.47 0.50 0.53 0.51

Onward Holdings Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.53 0.53 0.55 0.51 0.49

OKASY vs RL, LEVI, VFC: Liabilities-to-Assets Comparison

For the Apparel Manufacturing subindustry, Onward Holdings 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.


Onward Holdings Co Liabilities-to-Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Onward Holdings Co's Liabilities-to-Assets distribution charts can be found below:

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


OKASY
76GF Score
Onward Holdings Co Ltd OKASY
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Onward Holdings 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.

Onward Holdings Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2026 is calculated as:

Liabilities-to-Assets (A: Feb. 2026 )=Total Liabilities/Total Assets
=616.615/1219.994
=0.51

Onward Holdings Co's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2026 is calculated as

Liabilities-to-Assets (Q: Feb. 2026 )=Total Liabilities/Total Assets
=616.615/1219.994
=0.51

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.51 mean?
Onward Holdings Co (OKASY) has a Liabilities-to-Assets of 0.51 as of Feb. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Onward Holdings Co and its competitors.
Is Onward Holdings Co's Liabilities-to-Assets too high?
Onward Holdings Co's current Liabilities-to-Assets is 0.51. Overall, Onward Holdings Co has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Onward Holdings Co's Liabilities-to-Assets compare to RL and LEVI?
Onward Holdings Co's Liabilities-to-Assets of 0.51 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Manufacturing - Apparel & Accessories company?
A good Liabilities-to-Assets depends on the Manufacturing - Apparel & Accessories industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Onward Holdings Co and its competitors. Onward Holdings Co's current Liabilities-to-Assets is 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Holdings Co stock overvalued right now?
Onward Holdings Co (OKASY) has a current Liabilities-to-Assets of 0.51. The stock's GF Value™ is $46.96, compared to a current price of $50.00 — trading 6.5% above its estimated fair value. The current Liabilities-to-Assets is 0.51. Onward Holdings Co's overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Onward Holdings Co (OKASY), the current Liabilities-to-Assets is 0.51 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Onward Holdings Co (OKASY) Overvalued in 2026?

Based on GuruFocus' analysis, Onward Holdings Co stock appears to be overvalued. The current stock price of $50.00 is trading 6.5% above its estimated GF Value™ of $46.96.

Key valuation signals for OKASY:

  • Liabilities-to-Assets: 0.51
  • GF Value™: $46.96 vs. price of $50.00 (6.5% above fair value)
  • GF Score™: 76/100 with 2 warning signs

No single metric tells the full story. See the OKASY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Onward Holdings Co Business Description

Other Exchanges 8016:Japan
Address 10-5, Nihonbashi 3-chome, Chuo-ku, Tokyo, JPN, 103-8239
Onward Holdings Co Ltd manufactures and sells clothing, shoes, uniforms, bags, and other items. Women's clothing sales account for the majority of Onward's apparel revenue. The company's core brands include Nijyusanku, Kumikyoku, ICB, Jiyuku, J.Press, and Gotairiku. More than three-fourths of Onward's sales are through department stores. Remaining sales are through other retailers, directly managed stores, and e-commerce. More than three-fourths of Onward's sales are in Japan, and the majority of the company's remaining sales are in Europe. The company manufactures its products mainly in China.
76GF Score

Get the complete analysis for OKASY

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$50.00
Price
$46.96
GF Value