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ASO FOAM CRETE Co (TSE:1730) Liabilities-to-Assets : 0.60 (As of Dec. 2023)


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What is ASO FOAM CRETE 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. ASO FOAM CRETE Co's Total Liabilities for the quarter that ended in Dec. 2023 was 円1,943 Mil. ASO FOAM CRETE Co's Total Assets for the quarter that ended in Dec. 2023 was 円3,223 Mil. Therefore, ASO FOAM CRETE Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.60.


ASO FOAM CRETE Co Liabilities-to-Assets Historical Data

The historical data trend for ASO FOAM CRETE 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.

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ASO FOAM CRETE Co Liabilities-to-Assets Chart

ASO FOAM CRETE Co 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 0.64 0.60 0.58 0.57 0.55

ASO FOAM CRETE 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 0.59 0.55 0.60 0.61 0.60

Competitive Comparison of ASO FOAM CRETE Co's Liabilities-to-Assets

For the Engineering & Construction subindustry, ASO FOAM CRETE 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.


ASO FOAM CRETE Co's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, ASO FOAM CRETE Co's Liabilities-to-Assets distribution charts can be found below:

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



ASO FOAM CRETE 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.

ASO FOAM CRETE Co'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
=1706.918/3102.278
=0.55

ASO FOAM CRETE 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
=1942.979/3222.97
=0.60

* 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.


ASO FOAM CRETE Co  (TSE:1730) 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.


ASO FOAM CRETE Co Liabilities-to-Assets Related Terms

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ASO FOAM CRETE Co (TSE:1730) Business Description

Traded in Other Exchanges
N/A
Address
36-1, Kariyado, Nakahara-ku, Kanagawa, Kawasaki-shi, JPN
ASO FOAM CRETE Co Ltd is engaged in engineering and construction services. The activities of the company include on site construction of foam concrete, construction of ground improvement works, and sale of other construction work and material for construction.

ASO FOAM CRETE Co (TSE:1730) Headlines

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