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AEON Financial Service Co (TSE:8570) Liabilities-to-Assets : 0.92 (As of Nov. 2023)


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What is AEON Financial Service 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. AEON Financial Service Co's Total Liabilities for the quarter that ended in Nov. 2023 was 円6,399,795 Mil. AEON Financial Service Co's Total Assets for the quarter that ended in Nov. 2023 was 円6,960,621 Mil. Therefore, AEON Financial Service Co's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2023 was 0.92.


AEON Financial Service Co Liabilities-to-Assets Historical Data

The historical data trend for AEON Financial Service 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.

AEON Financial Service Co Liabilities-to-Assets Chart

AEON Financial Service Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Feb20 Feb21 Feb22 Feb23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.92 0.92 0.92 0.92

AEON Financial Service Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.92 0.92 0.92 0.92 0.92

Competitive Comparison of AEON Financial Service Co's Liabilities-to-Assets

For the Credit Services subindustry, AEON Financial Service 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.


AEON Financial Service Co's Liabilities-to-Assets Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, AEON Financial Service Co's Liabilities-to-Assets distribution charts can be found below:

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



AEON Financial Service 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.

AEON Financial Service Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Feb. 2023 is calculated as:

Liabilities-to-Assets (A: Feb. 2023 )=Total Liabilities/Total Assets
=6118336/6659468
=0.92

AEON Financial Service Co's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2023 is calculated as

Liabilities-to-Assets (Q: Nov. 2023 )=Total Liabilities/Total Assets
=6399795/6960621
=0.92

* 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.


AEON Financial Service Co  (TSE:8570) 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.


AEON Financial Service Co Liabilities-to-Assets Related Terms

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AEON Financial Service Co (TSE:8570) Business Description

Traded in Other Exchanges
Address
Kandanishiki-cho, Chiyoda-ku, Terrace Square, 3-22, Tokyo, JPN
AEON Financial Service Co Ltd is a comprehensive financial group consisting of a bank holding company and its subsidiaries, which grew out of Aeon Group's retail operations. It currently operates a network of hundreds of sale bases throughout Asia, particularly in Japan, China, Thailand, and Malaysia. The bank provides various financial services, payment services, housing loans, deposits, installment sales, and overseas services to customers through points of sale closely linked to community lifestyles. These include shopping centers and retail malls, convenience stores, and specialty stores, among others. Net fee and commission income is the company's largest source of net revenue.

AEON Financial Service Co (TSE:8570) Headlines

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