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HYOJITO Co (TSE:7368) Liabilities-to-Assets : 0.46 (As of Dec. 2023)


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What is HYOJITO 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. HYOJITO Co's Total Liabilities for the quarter that ended in Dec. 2023 was 円6,222 Mil. HYOJITO Co's Total Assets for the quarter that ended in Dec. 2023 was 円13,523 Mil. Therefore, HYOJITO Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.46.


HYOJITO Co Liabilities-to-Assets Historical Data

The historical data trend for HYOJITO 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.

HYOJITO Co Liabilities-to-Assets Chart

HYOJITO Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Liabilities-to-Assets
0.59 0.57 0.53 0.45 0.47

HYOJITO Co Quarterly Data
Mar19 Mar20 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 0.44 0.47 0.45 0.46 0.46

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

For the Advertising Agencies subindustry, HYOJITO 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.


HYOJITO Co's Liabilities-to-Assets Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, HYOJITO Co's Liabilities-to-Assets distribution charts can be found below:

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



HYOJITO 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.

HYOJITO 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
=6470.047/13762.244
=0.47

HYOJITO 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
=6221.552/13522.693
=0.46

* 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.


HYOJITO Co  (TSE:7368) 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.


HYOJITO Co Liabilities-to-Assets Related Terms

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HYOJITO Co (TSE:7368) Business Description

Traded in Other Exchanges
N/A
Address
4-2-11 Meieki, Nakamura-ku, Nagoya-shi, Aichi, Nagoya, JPN, 450-0002
HYOJITO Co Ltd provides general advertising agency services. It offers handling installation and operation of advertisements on station area guide maps, and advertising such as transit advertising and out-of-home advertising.

HYOJITO Co (TSE:7368) Headlines

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