GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Taishin Financial Holdings Co Ltd (TPE:2887) » Definitions » Liabilities-to-Assets

Taishin Financial Holdings Co (TPE:2887) Liabilities-to-Assets : 0.93 (As of Sep. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Taishin Financial Holdings Co 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. Taishin Financial Holdings Co's Total Liabilities for the quarter that ended in Sep. 2024 was NT$3,074,543 Mil. Taishin Financial Holdings Co's Total Assets for the quarter that ended in Sep. 2024 was NT$3,300,417 Mil. Therefore, Taishin Financial Holdings Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.93.


Taishin Financial Holdings Co Liabilities-to-Assets Historical Data

The historical data trend for Taishin Financial 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.

* Premium members only.

Taishin Financial Holdings Co Liabilities-to-Assets Chart

Taishin Financial Holdings Co 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 0.91 0.92 0.92 0.93 0.93

Taishin Financial Holdings Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.93 0.93 0.93 0.93 0.93

Competitive Comparison of Taishin Financial Holdings Co's Liabilities-to-Assets

For the Banks - Regional subindustry, Taishin Financial 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.


Taishin Financial Holdings Co's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Taishin Financial Holdings Co's Liabilities-to-Assets distribution charts can be found below:

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



Taishin Financial 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.

Taishin Financial Holdings Co'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
=2819388.897/3035951.37
=0.93

Taishin Financial Holdings Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=3074543.272/3300417.272
=0.93

* 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.


Taishin Financial Holdings Co  (TPE:2887) 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.


Taishin Financial Holdings Co Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Taishin Financial Holdings Co's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Taishin Financial Holdings Co Business Description

Traded in Other Exchanges
Address
No. 118, Section 4, Ren-ai Road, Da-an District, Taipei, TWN, 106
Taishin Financial Holdings Co Ltd is a Taiwanese holding company that provides comprehensive financial services. The company's main business activities are investing and managing its investments in financial institutions. The operation departments of the company are subsidiaries of the bank business, securities business, insurance business and other businesses, respectively.

Taishin Financial Holdings Co Headlines

No Headlines