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TFS Financial (TFS Financial) Liabilities-to-Assets : 0.89 (As of Mar. 2024)


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What is TFS Financial 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. TFS Financial's Total Liabilities for the quarter that ended in Mar. 2024 was $15,109.7 Mil. TFS Financial's Total Assets for the quarter that ended in Mar. 2024 was $17,017.2 Mil. Therefore, TFS Financial's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.89.


TFS Financial Liabilities-to-Assets Historical Data

The historical data trend for TFS Financial'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.

TFS Financial Liabilities-to-Assets Chart

TFS Financial Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.89 0.88 0.88 0.89

TFS Financial 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 0.89 0.89 0.89 0.89 0.89

Competitive Comparison of TFS Financial's Liabilities-to-Assets

For the Banks - Regional subindustry, TFS Financial'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.


TFS Financial's Liabilities-to-Assets Distribution in the Banks Industry

For the Banks industry and Financial Services sector, TFS Financial's Liabilities-to-Assets distribution charts can be found below:

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



TFS Financial 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.

TFS Financial's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=14990.618/16917.979
=0.89

TFS Financial'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
=15109.653/17017.15
=0.89

* 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.


TFS Financial  (NAS:TFSL) 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.


TFS Financial Liabilities-to-Assets Related Terms

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TFS Financial (TFS Financial) Business Description

Traded in Other Exchanges
Address
7007 Broadway Avenue, Cleveland, OH, USA, 44105
TFS Financial Corp is the holding company for the Third Federal Savings and Loan Association of Cleveland. The company's ownership in the savings and loan association is its primary business activity. The association's principal business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits. It does so by offering products with competitive rates and yields. The company also operates Third Capital, a wholly owned subsidiary that serves as a holding company or as an investor in vehicles such as private equity funds. Third Capital has interests in lease transactions of commercial buildings, title agencies providing escrow and settlement services, and reinsurance of private mortgage insurance on residential loans.
Executives
Daniel Fabian Weir director 7007 BROADWAY AVE, CLEVELAND OH 44105
Russell Clay Holmes officer: Chief Retail Officer 7007 BROADWAY, CLEVELAND OH 44105
Meredith S Weil officer: Chief Retail Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Ashley H Williams director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Benjamin Stefanski Gavin officer: Chief Lending Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Marc A Stefanski director, officer: Chairman, President and CEO 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Barbara J. Anderson director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Anthony J Asher director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Timothy W Mulhern officer: Finance Manager - Future CFO 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Martin J Cohen director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Bradley Taylor Stefanski officer: Chief Strategy Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Paul J Huml officer: Chief Operating Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105
Robert A Fiala director 7007 BROADWAY AVENUE, CLEVELAND OH 44105
William C Mulligan director 201 EAST SANDPOINTE, 8TH FLOOR, SANTA ANA CA 92707
Susanne Noel Miller officer: Chief Accounting Officer 7007 BROADWAY AVENUE, CLEVELAND OH 44105

TFS Financial (TFS Financial) Headlines

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