GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Howa Machinery Ltd (TSE:6203) » Definitions » Liabilities-to-Assets

Howa Machinery (TSE:6203) Liabilities-to-Assets : 0.46 (As of Sep. 2024)


View and export this data going back to 1949. Start your Free Trial

What is Howa Machinery 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. Howa Machinery's Total Liabilities for the quarter that ended in Sep. 2024 was 円15,306 Mil. Howa Machinery's Total Assets for the quarter that ended in Sep. 2024 was 円32,986 Mil. Therefore, Howa Machinery's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.46.


Howa Machinery Liabilities-to-Assets Historical Data

The historical data trend for Howa Machinery'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.

Howa Machinery Liabilities-to-Assets Chart

Howa Machinery Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.39 0.39 0.37 0.43

Howa Machinery Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.39 0.40 0.40 0.43 0.46

Competitive Comparison of Howa Machinery's Liabilities-to-Assets

For the Specialty Industrial Machinery subindustry, Howa Machinery'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.


Howa Machinery's Liabilities-to-Assets Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Howa Machinery's Liabilities-to-Assets distribution charts can be found below:

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


;
;

Howa Machinery 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.

Howa Machinery's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Liabilities-to-Assets (A: Mar. 2024 )=Total Liabilities/Total Assets
=12957/30289
=0.43

Howa Machinery's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=15306/32986
=0.46

* 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.


Howa Machinery  (TSE:6203) 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.


Howa Machinery Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Howa Machinery's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Howa Machinery Business Description

Traded in Other Exchanges
Address
1900-1, Sukaguchi, Kiyosu, Aichi, JPN
Howa Machinery Ltd engages in the manufacture and sale of machine tools, pneumatic and hydraulic equipment, electronic machines, firearms, construction materials and construction machinery.

Howa Machinery Headlines

No Headlines