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Takamisawa Co (TSE:5283) Liabilities-to-Assets : 0.65 (As of Dec. 2023)


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What is Takamisawa 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. Takamisawa Co's Total Liabilities for the quarter that ended in Dec. 2023 was 円26,806 Mil. Takamisawa Co's Total Assets for the quarter that ended in Dec. 2023 was 円41,104 Mil. Therefore, Takamisawa Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.65.


Takamisawa Co Liabilities-to-Assets Historical Data

The historical data trend for Takamisawa 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.

Takamisawa Co Liabilities-to-Assets Chart

Takamisawa Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.68 0.65 0.64 0.64

Takamisawa Co 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 0.66 0.65 0.64 0.65 0.65

Competitive Comparison of Takamisawa Co's Liabilities-to-Assets

For the Building Materials subindustry, Takamisawa 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.


Takamisawa Co's Liabilities-to-Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Takamisawa Co's Liabilities-to-Assets distribution charts can be found below:

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



Takamisawa 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.

Takamisawa Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Liabilities-to-Assets (A: Jun. 2023 )=Total Liabilities/Total Assets
=23886/37428
=0.64

Takamisawa 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
=26806/41104
=0.65

* 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.


Takamisawa Co  (TSE:5283) 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.


Takamisawa Co Liabilities-to-Assets Related Terms

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Takamisawa Co (TSE:5283) Business Description

Traded in Other Exchanges
N/A
Address
1605-14 Midori Nagano-shi, 7th floor, Takamisawa diamond building, Nagano Prefecture, Nagano, JPN, 380-0813
Takamisawa Co Ltd is a Japanese based company operating in the businesses of construction, electrical construction material, car life, and housing and lifestyle. In the Construction business, the company manufactures and sells secondary concrete products, ready-mixed concrete, sand, gravel, and cement. It is also engaged in the civil engineering and construction, and infrastructure development of mansion, ports and harbors, among others.

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