GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fashion Platform Co Ltd (XKRX:225590) » Definitions » Liabilities-to-Assets

Fashion Platform Co (XKRX:225590) Liabilities-to-Assets : 0.25 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Fashion Platform 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. Fashion Platform Co's Total Liabilities for the quarter that ended in Mar. 2024 was ₩24,529 Mil. Fashion Platform Co's Total Assets for the quarter that ended in Mar. 2024 was ₩99,803 Mil. Therefore, Fashion Platform Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.25.


Fashion Platform Co Liabilities-to-Assets Historical Data

The historical data trend for Fashion Platform 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.

Fashion Platform Co Liabilities-to-Assets Chart

Fashion Platform Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only 0.26 0.24 0.22 0.31 0.25

Fashion Platform 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 0.32 0.29 0.30 0.25 0.25

Competitive Comparison of Fashion Platform Co's Liabilities-to-Assets

For the Asset Management subindustry, Fashion Platform 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.


Fashion Platform Co's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fashion Platform Co's Liabilities-to-Assets distribution charts can be found below:

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



Fashion Platform 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.

Fashion Platform 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
=24476.091/98415.176
=0.25

Fashion Platform 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
=24528.505/99802.583
=0.25

* 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.


Fashion Platform Co  (XKRX:225590) 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.


Fashion Platform Co Liabilities-to-Assets Related Terms

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


Fashion Platform Co (XKRX:225590) Business Description

Traded in Other Exchanges
N/A
Address
International Finance in 8-Way 16, 8th street, Seoul, KOR
Fashion Platform Co Ltd, formerly Shinyoung HappyTomorrow No.2 Special Purpose Acquisition Co, is a special purpose acquisition company.

Fashion Platform Co (XKRX:225590) Headlines

No Headlines