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Shizuki Electric Co (TSE:6994) Liabilities-to-Assets : 0.38 (As of Mar. 2024)


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What is Shizuki Electric 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. Shizuki Electric Co's Total Liabilities for the quarter that ended in Mar. 2024 was 円13,707 Mil. Shizuki Electric Co's Total Assets for the quarter that ended in Mar. 2024 was 円36,479 Mil. Therefore, Shizuki Electric Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.38.


Shizuki Electric Co Liabilities-to-Assets Historical Data

The historical data trend for Shizuki Electric 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.

Shizuki Electric Co Liabilities-to-Assets Chart

Shizuki Electric 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 0.24 0.22 0.22 0.33 0.38

Shizuki Electric 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 0.33 0.36 0.35 0.36 0.38

Competitive Comparison of Shizuki Electric Co's Liabilities-to-Assets

For the Electrical Equipment & Parts subindustry, Shizuki Electric 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.


Shizuki Electric Co's Liabilities-to-Assets Distribution in the Industrial Products Industry

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

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



Shizuki Electric 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.

Shizuki Electric 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
=13707.139/36479.228
=0.38

Shizuki Electric Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=13707.139/36479.228
=0.38

* 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.


Shizuki Electric Co  (TSE:6994) 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.


Shizuki Electric Co Liabilities-to-Assets Related Terms

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Shizuki Electric Co Business Description

Traded in Other Exchanges
N/A
Address
10-45 Taisha-cho, Hyogo, Nishinomiya, JPN, 662-0867
Shizuki Electric Co Inc is a Japan-based company engaged in the manufacture and sale of electric accumulators and other various electric and communication machinery and equipment. The firm offers capitors and power equipment system products for industrial, living environments, power equipment and automobiles. Its product offerings are used in inverter, solar, noise countermeasure, short time power failure compensation, power factor improvement, voltage compensation, energy saving, flicker suppression, among others.

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