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Taiwan Styrene Monomer (TPE:1310) Liabilities-to-Assets : 0.24 (As of Mar. 2024)


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What is Taiwan Styrene Monomer 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. Taiwan Styrene Monomer's Total Liabilities for the quarter that ended in Mar. 2024 was NT$2,277 Mil. Taiwan Styrene Monomer's Total Assets for the quarter that ended in Mar. 2024 was NT$9,473 Mil. Therefore, Taiwan Styrene Monomer's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.24.


Taiwan Styrene Monomer Liabilities-to-Assets Historical Data

The historical data trend for Taiwan Styrene Monomer'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.

Taiwan Styrene Monomer Liabilities-to-Assets Chart

Taiwan Styrene Monomer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.17 0.21 0.25 0.26

Taiwan Styrene Monomer Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.24 0.25 0.27 0.26 0.24

Competitive Comparison of Taiwan Styrene Monomer's Liabilities-to-Assets

For the Chemicals subindustry, Taiwan Styrene Monomer'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.


Taiwan Styrene Monomer's Liabilities-to-Assets Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Taiwan Styrene Monomer's Liabilities-to-Assets distribution charts can be found below:

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



Taiwan Styrene Monomer 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.

Taiwan Styrene Monomer's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=2580.131/9763.204
=0.26

Taiwan Styrene Monomer's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=2276.693/9472.522
=0.24

* 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.


Taiwan Styrene Monomer  (TPE:1310) 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.


Taiwan Styrene Monomer Liabilities-to-Assets Related Terms

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Taiwan Styrene Monomer (TPE:1310) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Roosevelt Road, Sec. 1, 8th-1 Floor, Taipei, TWN
Taiwan Styrene Monomer Corp is engaged in the manufacturing and distribution of styrene monomer and related products. The company also offers toluene that is used as an organic solvent and para-diethyl benzene, which is used as the solvent of polystyrene. The company's main customers for the polystyrene are ABS resin and synthetic rubber manufacturers. Its products are generally used in electrical appliances, machinery, electronics, automotive, packaging and other industries.

Taiwan Styrene Monomer (TPE:1310) Headlines

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