Tian Ruixiang Holdings annual debt-to-assets ratio
2019
2020
2021
2022
2023
2024
Tian Ruixiang Holdings Debt-to-Assets Ratio Growth & History (TIRXF)
Tian Ruixiang Holdings's debt-to-assets ratio was 0.56 for fiscal 2024.
View full Tian Ruixiang Holdings company overviewTian Ruixiang Holdings annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-10-31 | 0.56 | 0.55 | +34292.26% |
| 2023 | 2023-10-31 | 0.00 | −0.00 | −59.57% |
| 2022 | 2022-10-31 | 0.00 | −0.01 | −75.57% |
| 2021 | 2021-10-31 | 0.02 | −0.02 | −48.81% |
| 2020 | 2020-10-31 | 0.03 | 0.02 | +128.62% |
| 2019 | 2019-10-31 | 0.01 | — | — |
Tian Ruixiang Holdings quarterly debt-to-assets ratio
Q4.19
Q4.20
Q4.21
Q2.22
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2025 | 2025-04-30 | 0.67 | 0.67 | +39001.46% |
| Q4 2024 | 2024-10-31 | 0.56 | 0.55 | +34292.26% |
| Q2 2024 | 2024-04-30 | 0.00 | −0.00 | −36.48% |
| Q4 2023 | 2023-10-31 | 0.00 | −0.00 | −59.57% |
| Q2 2023 | 2023-04-30 | 0.00 | −0.01 | −76.99% |
| Q4 2022 | 2022-10-31 | 0.00 | −0.01 | −75.57% |
| Q2 2022 | 2022-04-30 | 0.01 | — | — |
| Q4 2021 | 2021-10-31 | 0.02 | −0.02 | −48.81% |
| Q4 2020 | 2020-10-31 | 0.03 | 0.02 | +128.62% |
| Q4 2019 | 2019-10-31 | 0.01 | — | — |
Tian Ruixiang Holdings debt-to-assets ratio trends
Over the last five fiscal years, Tian Ruixiang Holdings's debt-to-assets ratio increased from 0.01 to 0.56, a change of 0.54. The latest reported quarter, Q2 2025, shows 0.67.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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