GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Daikin Industries Ltd (OTCPK:DKILF) » Definitions » Liabilities-to-Assets

Daikin Industries (Daikin Industries) Liabilities-to-Assets : 0.46 (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Daikin Industries 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. Daikin Industries's Total Liabilities for the quarter that ended in Dec. 2023 was $14,968 Mil. Daikin Industries's Total Assets for the quarter that ended in Dec. 2023 was $32,517 Mil. Therefore, Daikin Industries's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.46.


Daikin Industries Liabilities-to-Assets Historical Data

The historical data trend for Daikin Industries'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.

Daikin Industries Liabilities-to-Assets Chart

Daikin Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.45 0.48 0.48 0.47

Daikin Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 0.47 0.47 0.48 0.46 0.46

Competitive Comparison of Daikin Industries's Liabilities-to-Assets

For the Building Products & Equipment subindustry, Daikin Industries'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.


Daikin Industries's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Daikin Industries's Liabilities-to-Assets distribution charts can be found below:

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



Daikin Industries 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.

Daikin Industries's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Liabilities-to-Assets (A: Mar. 2023 )=Total Liabilities/Total Assets
=15146.819/32197.692
=0.47

Daikin Industries'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
=14968.117/32517.032
=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.


Daikin Industries  (OTCPK:DKILF) 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.


Daikin Industries Liabilities-to-Assets Related Terms

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


Daikin Industries (Daikin Industries) Business Description

Traded in Other Exchanges
Address
Umeda Center Building, 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka, JPN, 530-8323
Daikin Industries is one of the world's largest heating, ventilating and air conditioning, or HVAC, companies. North America, Japan, China, and Europe are Daikin's four biggest markets, accounting for 24.1%, 23.7%, 16.7%, and 14.5% of fiscal 2018 revenue, respectively. Air conditioning accounted for around 90% of revenue and operating profit, while chemicals and others made up the balance.

Daikin Industries (Daikin Industries) Headlines

From GuruFocus

Bringing the Cool: Companies That Can Grow With Increasing AC Demand

By Margaret Moran Margaret Moran 10-18-2019