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Touei Housing (TSE:8875) Liabilities-to-Assets : 0.56 (As of Jul. 2013)


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What is Touei Housing 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. Touei Housing's Total Liabilities for the quarter that ended in Jul. 2013 was 円52,220 Mil. Touei Housing's Total Assets for the quarter that ended in Jul. 2013 was 円92,641 Mil. Therefore, Touei Housing's Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2013 was 0.56.


Touei Housing Liabilities-to-Assets Historical Data

The historical data trend for Touei Housing'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.

Touei Housing Liabilities-to-Assets Chart

Touei Housing Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13
Liabilities-to-Assets
0.67 0.55 0.55 0.55 0.56

Touei Housing Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.51 0.54 0.56 0.56 0.56

Competitive Comparison of Touei Housing's Liabilities-to-Assets

For the Real Estate Services subindustry, Touei Housing'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.


Touei Housing's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Touei Housing's Liabilities-to-Assets distribution charts can be found below:

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



Touei Housing 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.

Touei Housing's Liabilities-to-Assets Ratio for the fiscal year that ended in Jan. 2013 is calculated as:

Liabilities-to-Assets (A: Jan. 2013 )=Total Liabilities/Total Assets
=48998/87484
=0.56

Touei Housing's Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2013 is calculated as

Liabilities-to-Assets (Q: Jul. 2013 )=Total Liabilities/Total Assets
=52220/92641
=0.56

* 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.


Touei Housing  (TSE:8875) 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.


Touei Housing Liabilities-to-Assets Related Terms

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Touei Housing (TSE:8875) Business Description

Traded in Other Exchanges
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Address
Touei Housing Corporation is a real estate company. It operates in residential and real estate businesses, with Detached Housing sales business as their core business. Its activities include sale of lots of land, construction contracting among others.

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