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Artience Co (TSE:4634) Liabilities-to-Assets : 0.42 (As of Mar. 2024)


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What is Artience 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. Artience Co's Total Liabilities for the quarter that ended in Mar. 2024 was 円194,063 Mil. Artience Co's Total Assets for the quarter that ended in Mar. 2024 was 円457,907 Mil. Therefore, Artience Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.42.


Artience Co Liabilities-to-Assets Historical Data

The historical data trend for Artience 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.

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Artience Co Liabilities-to-Assets Chart

Artience Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.43 0.44 0.45 0.43

Artience Co 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 0.43 0.42 0.43 0.43 0.42

Competitive Comparison of Artience Co's Liabilities-to-Assets

For the Specialty Chemicals subindustry, Artience 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.


Artience Co's Liabilities-to-Assets Distribution in the Chemicals Industry

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

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



Artience 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.

Artience 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
=192147/447798
=0.43

Artience Co'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
=194063/457907
=0.42

* 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.


Artience Co  (TSE:4634) 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.


Artience Co Liabilities-to-Assets Related Terms

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Artience Co (TSE:4634) Business Description

Traded in Other Exchanges
N/A
Address
3-13 Kyobashi 2-chome, Chuo-ku, Tokyo, JPN, 104-8377
Artience Co Ltd is a holding company whose subsidiaries manufacture and sell a variety of chemicals and inks. The firm organizes itself into various segments based on product type. The printing and information segment, which generates the Most revenue, sells printing inks used for ink-jet printers, newspapers, magazines, and other printed materials. The colorants and functional materials segment sells pigments, plastic colorants, and liquid crystal display color filter materials. The polymers and coatings segments sells coatings, adhesives, plastic resins, and can coatings. The packaging materials segment sells packaging inks used for food and consumer goods packaging. Most of Toyo Ink's revenue comes from Japan.

Artience Co (TSE:4634) Headlines

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