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Tan Tao Investment Industry (STC:ITA) Liabilities-to-Assets : 0.15 (As of Mar. 2024)


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What is Tan Tao Investment Industry 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. Tan Tao Investment Industry's Total Liabilities for the quarter that ended in Mar. 2024 was ₫1,820,441 Mil. Tan Tao Investment Industry's Total Assets for the quarter that ended in Mar. 2024 was ₫12,142,232 Mil. Therefore, Tan Tao Investment Industry's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.15.


Tan Tao Investment Industry Liabilities-to-Assets Historical Data

The historical data trend for Tan Tao Investment Industry'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.

Tan Tao Investment Industry Liabilities-to-Assets Chart

Tan Tao Investment Industry Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.20 0.20 0.18 0.17

Tan Tao Investment Industry Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.17 0.18 0.17 0.16 0.15

Competitive Comparison of Tan Tao Investment Industry's Liabilities-to-Assets

For the Real Estate Services subindustry, Tan Tao Investment Industry'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.


Tan Tao Investment Industry's Liabilities-to-Assets Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tan Tao Investment Industry's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Tan Tao Investment Industry's Liabilities-to-Assets falls into.



Tan Tao Investment Industry 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.

Tan Tao Investment Industry's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Liabilities-to-Assets (A: Dec. 2022 )=Total Liabilities/Total Assets
=2125438.987/12221417.09
=0.17

Tan Tao Investment Industry'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
=1820440.869/12142232.098
=0.15

* 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.


Tan Tao Investment Industry  (STC:ITA) 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.


Tan Tao Investment Industry Liabilities-to-Assets Related Terms

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Tan Tao Investment Industry (STC:ITA) Business Description

Traded in Other Exchanges
N/A
Address
16 Road 02 Tan Tao IP Tan, Tao A Ward Binh Tan District, Ho Chi Minh City, VNM
Tan Tao Investment Industry Corp is a Vietnam based company engages in the development of an industrial park and resident park.