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CAREERLINK CO (TSE:6070) Liabilities-to-Assets : 0.34 (As of Dec. 2023)


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What is CAREERLINK 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. CAREERLINK CO's Total Liabilities for the quarter that ended in Dec. 2023 was 円7,056 Mil. CAREERLINK CO's Total Assets for the quarter that ended in Dec. 2023 was 円20,735 Mil. Therefore, CAREERLINK CO's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.34.


CAREERLINK CO Liabilities-to-Assets Historical Data

The historical data trend for CAREERLINK 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.

CAREERLINK CO Liabilities-to-Assets Chart

CAREERLINK CO Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.41 0.43 0.49 0.52

CAREERLINK CO Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.41 0.38 0.32 0.36 0.34

Competitive Comparison of CAREERLINK CO's Liabilities-to-Assets

For the Staffing & Employment Services subindustry, CAREERLINK 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.


CAREERLINK CO's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CAREERLINK CO's Liabilities-to-Assets distribution charts can be found below:

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



CAREERLINK 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.

CAREERLINK CO's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2021 is calculated as:

Liabilities-to-Assets (A: Feb. 2021 )=Total Liabilities/Total Assets
=6040.769/11523.851
=0.52

CAREERLINK CO'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
=7055.754/20734.774
=0.34

* 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.


CAREERLINK CO  (TSE:6070) 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.


CAREERLINK CO Liabilities-to-Assets Related Terms

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CAREERLINK CO (TSE:6070) Business Description

Traded in Other Exchanges
N/A
Address
33rd Floor, Shinjuku Mitsui Building, 2-1-1, Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0433
CAREERLINK CO LTD provides human resources services in Japan. The company offers temporary staffing and outsourcing services for manufacturing and distribution companies. It supplies temporary workers for office work; helps companies with recruiting office workers; and performs outsourced tasks and provides other services. Its business comprises of BPO related business, CRM related business, General administrative business and Cleaning business of food processing, manufacturing processing buildings and hotels.

CAREERLINK CO (TSE:6070) Headlines

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