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Inaba Denkisangyo Co (Inaba Denkisangyo Co) Liabilities-to-Assets : 0.36 (As of Dec. 2023)


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What is Inaba Denkisangyo 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. Inaba Denkisangyo Co's Total Liabilities for the quarter that ended in Dec. 2023 was $598 Mil. Inaba Denkisangyo Co's Total Assets for the quarter that ended in Dec. 2023 was $1,685 Mil. Therefore, Inaba Denkisangyo Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.36.


Inaba Denkisangyo Co Liabilities-to-Assets Historical Data

The historical data trend for Inaba Denkisangyo 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.

Inaba Denkisangyo Co Liabilities-to-Assets Chart

Inaba Denkisangyo Co 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 0.40 0.38 0.40 0.38 0.38

Inaba Denkisangyo 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 0.38 0.36 0.34 0.36 0.38

Competitive Comparison of Inaba Denkisangyo Co's Liabilities-to-Assets

For the Electrical Equipment & Parts subindustry, Inaba Denkisangyo 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.


Inaba Denkisangyo Co's Liabilities-to-Assets Distribution in the Industrial Products Industry

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

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



Inaba Denkisangyo 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.

Inaba Denkisangyo Co'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
=671.412/1753.828
=0.38

Inaba Denkisangyo 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
=597.646/1684.932
=0.35

* 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.


Inaba Denkisangyo Co  (OTCPK:IBADF) 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.


Inaba Denkisangyo Co Liabilities-to-Assets Related Terms

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Inaba Denkisangyo Co (Inaba Denkisangyo Co) Business Description

Traded in Other Exchanges
Address
Nishi Ward 4-chome 11-14, Osaka, JPN, 550-0012
Inaba Denkisangyo Co Ltd is divided its business in Electrical equipment and materials, Industrial solutions and proprietary product divisions. Electrical equipment and materials division comprises products from light fittings, air conditioning systems, distribution panels for all types of buildings. Industrial solutions division consists of solutions for issues such as improving productivity, resource conservation, and space saving. Proprietary products division includes the development of in-house brands Inaba denko and Abaniact. It also develops products for eco-friendly lifestyles.

Inaba Denkisangyo Co (Inaba Denkisangyo Co) Headlines

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