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. Top Line Business Development's Total Liabilities for the quarter that ended in Mar. 2026 was ₱3,552 Mil. Top Line Business Development's Total Assets for the quarter that ended in Mar. 2026 was ₱5,339 Mil.
Therefore, Top Line Business Development's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.67.
Top Line Business Development (PHS:TOP) 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.
Top Line Business Development Liabilities-to-Assets Related Terms
Top Line Business Development Liabilities-to-Assets Historical Data
* 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.
Top Line Business Development Liabilities-to-Assets Chart
PHS:TOP vs CASY, WSM, DKS: Liabilities-to-Assets Comparison
For the Specialty Retail subindustry, Top Line Business Development'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.
Top Line Business Development Liabilities-to-Assets vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Top Line Business Development's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Top Line Business Development's Liabilities-to-Assets falls into.
Top Line Business Development 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.
Top Line Business Development's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:
* 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.
Top Line Business Development (PHS:TOP) has a Liabilities-to-Assets of 0.67 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Top Line Business Development and its competitors.
Is Top Line Business Development's Liabilities-to-Assets too high?
Top Line Business Development's current Liabilities-to-Assets is 0.67. Overall, Top Line Business Development has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Top Line Business Development's Liabilities-to-Assets compare to CASY and WSM?
Top Line Business Development's Liabilities-to-Assets of 0.67 can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Liabilities-to-Assets depends on the Retail - Cyclical 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 Top Line Business Development and its competitors. Top Line Business Development's current Liabilities-to-Assets is 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Line Business Development stock overvalued right now?
Top Line Business Development (PHS:TOP) has a current Liabilities-to-Assets of 0.67. The current Liabilities-to-Assets is 0.67. Top Line Business Development's overall GF Score™ is 8/100 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 Top Line Business Development (PHS:TOP), the current Liabilities-to-Assets is 0.67 as of Mar. 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.
Top Line Business Development Business Description
Top Line Business Development Corp is providing consistent and reliable fuel solutions that power industries with efficiency and sustainability. It is mainly focused on its vertically integrated liquid fuels business, with an emphasis on the underserved Central Visayas region. The company is engaged in the business of petroleum and petroleum products, mineral oils, and other sources of energy.
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