GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Park24 Co Ltd (TSE:4666) » Definitions » Liabilities-to-Assets

Park24 Co (TSE:4666) Liabilities-to-Assets : 0.79 (As of Jan. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Park24 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. Park24 Co's Total Liabilities for the quarter that ended in Jan. 2024 was 円240,766 Mil. Park24 Co's Total Assets for the quarter that ended in Jan. 2024 was 円303,638 Mil. Therefore, Park24 Co's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 was 0.79.


Park24 Co Liabilities-to-Assets Historical Data

The historical data trend for Park24 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.

Park24 Co Liabilities-to-Assets Chart

Park24 Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.90 0.95 0.87 0.81

Park24 Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.85 0.84 0.81 0.81 0.79

Competitive Comparison of Park24 Co's Liabilities-to-Assets

For the Infrastructure Operations subindustry, Park24 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.


Park24 Co's Liabilities-to-Assets Distribution in the Construction Industry

For the Construction industry and Industrials sector, Park24 Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Park24 Co's Liabilities-to-Assets falls into.



Park24 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.

Park24 Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Oct. 2023 is calculated as:

Liabilities-to-Assets (A: Oct. 2023 )=Total Liabilities/Total Assets
=249741/308157
=0.81

Park24 Co's Liabilities-to-Assets Ratio for the quarter that ended in Jan. 2024 is calculated as

Liabilities-to-Assets (Q: Jan. 2024 )=Total Liabilities/Total Assets
=240766/303638
=0.79

* 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.


Park24 Co  (TSE:4666) 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.


Park24 Co Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Park24 Co's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Park24 Co (TSE:4666) Business Description

Traded in Other Exchanges
Address
2-20-4 Nishigotanda, Shinagawa-ku, Tokyo, JPN, 141-8924
Park24 Co Ltd is a Japanese operator of parking facilities. The company is organised into two segments: parking business Japan, Parking Business International and mobility business. The parking business, which contributes the majority of revenue, operates fully-automated parking facilities and related services. The Parking business in international segment provides Parking facility management in overseas. The mobility business car rental services through the Times Car RENTAL brand, car sharing services through the Times Car PLUS brand, and related services. While Park 24 operates in Japan, Taiwan, and South Korea, the company earns the majority of revenue domestically.

Park24 Co (TSE:4666) Headlines

No Headlines