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Soracom (TSE:147A) Liabilities-to-Assets : 0.25 (As of Dec. 2023)


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What is Soracom 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. Soracom's Total Liabilities for the quarter that ended in Dec. 2023 was 円1,523 Mil. Soracom's Total Assets for the quarter that ended in Dec. 2023 was 円5,984 Mil. Therefore, Soracom's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.25.


Soracom Liabilities-to-Assets Historical Data

The historical data trend for Soracom'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.

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Soracom Liabilities-to-Assets Chart

Soracom Annual Data
Trend Mar22 Mar23
Liabilities-to-Assets
0.32 0.30

Soracom Quarterly Data
Mar22 Mar23 Dec23
Liabilities-to-Assets 0.32 0.30 0.25

Competitive Comparison of Soracom's Liabilities-to-Assets

For the Software - Infrastructure subindustry, Soracom'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.


Soracom's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Soracom's Liabilities-to-Assets distribution charts can be found below:

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



Soracom 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.

Soracom's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=1701.197/5663.284
=0.30

Soracom's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=1522.677/5984.207
=0.25

* 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.


Soracom  (TSE:147A) 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.


Soracom Liabilities-to-Assets Related Terms

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Soracom (TSE:147A) Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
3rd floor Ojima building, 4-5-6 Tamagawa, Setagaya-ku, Tokyo, JPN, 158-0094
Soracom Inc is engaged in development and provision of the IoT platform SORACOM. IoT platform SORACOM provides one-stop IoT devices, communications, applications, etc.

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