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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. Test Research's Total Liabilities for the quarter that ended in Jun. 2026 was NT$5,081 Mil. Test Research's Total Assets for the quarter that ended in Jun. 2026 was NT$14,814 Mil.
Therefore, Test Research's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 0.34.
Test Research (TPE:3030) 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.
Test Research Liabilities-to-Assets Related Terms
Test Research Liabilities-to-Assets Historical Data
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The historical data trend for Test Research'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.
TPE:3030 vs GRMN, COHR, KEYS: Liabilities-to-Assets Comparison
For the Scientific & Technical Instruments subindustry, Test Research'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.
Test Research Liabilities-to-Assets vs Hardware Industry
For the Hardware industry and Technology sector, Test Research's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Test Research's Liabilities-to-Assets falls into.
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.
Test Research'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.
Test Research (TPE:3030) has a Liabilities-to-Assets of 0.34 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Test Research and its competitors.
Is Test Research's Liabilities-to-Assets too high?
Test Research's current Liabilities-to-Assets is 0.34. Overall, Test Research has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Test Research's Liabilities-to-Assets compare to GRMN and COHR?
Test Research's Liabilities-to-Assets of 0.34 can be compared against companies in the Hardware 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 Hardware company?
A good Liabilities-to-Assets depends on the Hardware 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 Test Research and its competitors. Test Research's current Liabilities-to-Assets is 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Test Research stock overvalued right now?
Based on GuruFocus' analysis, Test Research (TPE:3030) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$208.15, compared to a current price of NT$268.00 — trading 28.8% above its estimated fair value. The current Liabilities-to-Assets is 0.34. Test Research's overall GF Score™ is 95/100 with 3 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 Test Research (TPE:3030), the current Liabilities-to-Assets is 0.34 as of Jun. 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 Test Research (TPE:3030) Overvalued in 2026?
Based on GuruFocus' analysis, Test Research stock appears to be overvalued.
The current stock price of NT$268.00 is trading 28.8% above its estimated GF Value™ of NT$208.15.
GuruFocus considers Test Research to be Modestly Overvalued.
Key valuation signals for TPE:3030:
Liabilities-to-Assets: 0.34
GF Value™: NT$208.15 vs. price of NT$268.00 (28.8% above fair value)
No single metric tells the full story. See the TPE:3030 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Test Research Inc designs testing equipment for industrial applications. The firm focuses on designing, assembling, manufacturing, selling, repairing, and maintaining automated inspection and testing equipment. The firm receives a majority of its revenue from Asia and the rest from America, Europe, and other regions.
95GF Score
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Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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