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Taiwan Fire & Marine Insurance Co (TPE:2832) Liabilities-to-Assets : 0.51 (As of Sep. 2024)


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What is Taiwan Fire & Marine Insurance 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. Taiwan Fire & Marine Insurance Co's Total Liabilities for the quarter that ended in Sep. 2024 was NT$12,714 Mil. Taiwan Fire & Marine Insurance Co's Total Assets for the quarter that ended in Sep. 2024 was NT$24,882 Mil. Therefore, Taiwan Fire & Marine Insurance Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.51.


Taiwan Fire & Marine Insurance Co Liabilities-to-Assets Historical Data

The historical data trend for Taiwan Fire & Marine Insurance 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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Taiwan Fire & Marine Insurance Co Liabilities-to-Assets Chart

Taiwan Fire & Marine Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.52 0.51 0.51 0.52 0.51

Taiwan Fire & Marine Insurance Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.51 0.51 0.51 0.53 0.51

Competitive Comparison of Taiwan Fire & Marine Insurance Co's Liabilities-to-Assets

For the Insurance - Property & Casualty subindustry, Taiwan Fire & Marine Insurance 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.


Taiwan Fire & Marine Insurance Co's Liabilities-to-Assets Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Taiwan Fire & Marine Insurance Co's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Taiwan Fire & Marine Insurance Co's Liabilities-to-Assets falls into.



Taiwan Fire & Marine Insurance 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.

Taiwan Fire & Marine Insurance Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=11620.463/22810.219
=0.51

Taiwan Fire & Marine Insurance Co's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=12713.617/24882.223
=0.51

* 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.


Taiwan Fire & Marine Insurance Co  (TPE:2832) 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.


Taiwan Fire & Marine Insurance Co Liabilities-to-Assets Related Terms

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Taiwan Fire & Marine Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
No. 49, Guanqian Road, 8th Floor, Zhongzheng District, Taipei, TWN, 100
Taiwan Fire & Marine Insurance Co Ltd is a diversified insurance company that generates the vast majority of its revenue through underwriting and investment performance in Taiwan. The company offers a variety of insurance services that include fire, marine, Aviation, automobile, and casualty insurance, as well as reinsurance for the abovementioned insurances. It also provides liability insurance and health insurance.

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