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Home Position Co (TSE:2999) Liabilities-to-Assets : 0.71 (As of May. 2024)


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What is Home Position 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. Home Position Co's Total Liabilities for the quarter that ended in May. 2024 was 円8,892 Mil. Home Position Co's Total Assets for the quarter that ended in May. 2024 was 円12,579 Mil. Therefore, Home Position Co's Liabilities-to-Assets Ratio for the quarter that ended in May. 2024 was 0.71.


Home Position Co Liabilities-to-Assets Historical Data

The historical data trend for Home Position 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.

Home Position Co Liabilities-to-Assets Chart

Home Position Co Annual Data
Trend Aug20 Aug21 Aug22 Aug23
Liabilities-to-Assets
0.71 0.74 0.69 0.73

Home Position Co Quarterly Data
Aug20 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.73 0.75 0.73 0.71

Competitive Comparison of Home Position Co's Liabilities-to-Assets

For the Residential Construction subindustry, Home Position 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.


Home Position Co's Liabilities-to-Assets Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Home Position Co's Liabilities-to-Assets distribution charts can be found below:

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



Home Position 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.

Home Position Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2023 is calculated as:

Liabilities-to-Assets (A: Aug. 2023 )=Total Liabilities/Total Assets
=10924.038/15074.82
=0.72

Home Position Co's Liabilities-to-Assets Ratio for the quarter that ended in May. 2024 is calculated as

Liabilities-to-Assets (Q: May. 2024 )=Total Liabilities/Total Assets
=8892.102/12578.681
=0.71

* 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.


Home Position Co  (TSE:2999) 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.


Home Position Co Liabilities-to-Assets Related Terms

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Home Position Co Business Description

Traded in Other Exchanges
N/A
Address
260 Kikkawa, Shimizu-ku, Shizuoka, JPN, 424-0055
Home Position Co Ltd is engaged in the built-for-sale housing business.

Home Position Co Headlines

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