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Tanabe Engineering (TSE:1828) Debt-to-Asset : 0.15 (As of Dec. 2023)


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What is Tanabe Engineering Debt-to-Asset?

Tanabe Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円6,332 Mil. Tanabe Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円568 Mil. Tanabe Engineering's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was 円46,466 Mil. Tanabe Engineering's debt to asset for the quarter that ended in Dec. 2023 was 0.15.


Tanabe Engineering Debt-to-Asset Historical Data

The historical data trend for Tanabe Engineering's Debt-to-Asset 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.

Tanabe Engineering Debt-to-Asset Chart

Tanabe Engineering Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.06 0.03 0.04

Tanabe Engineering Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset 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 0.15 0.04 0.02 0.10 0.15

Competitive Comparison of Tanabe Engineering's Debt-to-Asset

For the Engineering & Construction subindustry, Tanabe Engineering's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Tanabe Engineering's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tanabe Engineering's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tanabe Engineering's Debt-to-Asset falls into.



Tanabe Engineering Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tanabe Engineering's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1034.471 + 330.184) / 37574.079
=0.04

Tanabe Engineering's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(6332.284 + 568.226) / 46465.989
=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.


Tanabe Engineering  (TSE:1828) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Tanabe Engineering Debt-to-Asset Related Terms

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Tanabe Engineering (TSE:1828) Business Description

Traded in Other Exchanges
N/A
Address
20, Fukuda, Zyouetsu, JPN, 942-0032
Tanabe Engineering Corp is mainly engaged in the facility construction works. It constructs plant facilities for electronic materials, food and drug metals and constructs public environmental facilities.

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