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Fuyo General Lease Co (TSE:8424) Liabilities-to-Assets : 0.86 (As of Dec. 2023)


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What is Fuyo General Lease 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. Fuyo General Lease Co's Total Liabilities for the quarter that ended in Dec. 2023 was 円2,887,305 Mil. Fuyo General Lease Co's Total Assets for the quarter that ended in Dec. 2023 was 円3,358,188 Mil. Therefore, Fuyo General Lease Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.86.


Fuyo General Lease Co Liabilities-to-Assets Historical Data

The historical data trend for Fuyo General Lease 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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Fuyo General Lease Co Liabilities-to-Assets Chart

Fuyo General Lease 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 0.89 0.88 0.87 0.87 0.86

Fuyo General Lease 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 0.87 0.87 0.86 0.86 0.86

Competitive Comparison of Fuyo General Lease Co's Liabilities-to-Assets

For the Rental & Leasing Services subindustry, Fuyo General Lease 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.


Fuyo General Lease Co's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Fuyo General Lease Co's Liabilities-to-Assets distribution charts can be found below:

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



Fuyo General Lease 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.

Fuyo General Lease 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
=2913000/3390324
=0.86

Fuyo General Lease 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
=2887305/3358188
=0.86

* 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.


Fuyo General Lease Co  (TSE:8424) 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.


Fuyo General Lease Co Liabilities-to-Assets Related Terms

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Fuyo General Lease Co (TSE:8424) Business Description

Traded in Other Exchanges
Address
Nichirei Building, 3-3-23, Misaki-cho, Chiyoda-ku, Tokyo, JPN, 1018380
Fuyo General Lease Co Ltd is Japanese company which is engaged in leasing and installment transactions for machinery and equipment and financial transactions such as the provision of operating loans. The company focuses on using direct and indirect financing to procure funds for purchasing assets to lease or to sell through installment sales and for providing operating loans to customers. It has three reportable segments namely Lease and Installment Sales segment conducts leasing office equipment, industrial machinery and sells commercial equipment, production facilities, medical devices, and other assets on an installment basis; Loans segment which is engaged in commercial lending; and Other segment which invests in marketable securities.

Fuyo General Lease Co (TSE:8424) Headlines

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