Nippon Felt Co (TSE:3512) Debt-to-Asset : 0.03 (As of Dec. 2023)

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What is Nippon Felt Co Debt-to-Asset?

Nippon Felt Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円803 Mil. Nippon Felt Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Nippon Felt Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was 円23,660 Mil. Nippon Felt Co's debt to asset for the quarter that ended in Dec. 2023 was 0.03.

Nippon Felt Co Debt-to-Asset Historical Data

The historical data trend for Nippon Felt Co'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.

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Nippon Felt Co Debt-to-Asset Chart

Nippon Felt Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Asset

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0.05

0.07

Nippon Felt Co 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															0.07	0.07	0.04	0.03	0.03

Competitive Comparison of Nippon Felt Co's Debt-to-Asset

For the Conglomerates subindustry, Nippon Felt Co'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.

Nippon Felt Co's Debt-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nippon Felt Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Nippon Felt Co's Debt-to-Asset falls into.

Nippon Felt Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nippon Felt Co'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
	=	(1605.976	+	1.457)	/	23589.504
	=	0.07

Nippon Felt Co'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
	=	(802.826	+	0)	/	23660.307
	=	0.03

Nippon Felt Co (TSE:3512) 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.

Nippon Felt Co Debt-to-Asset Related Terms

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Nippon Felt Co (TSE:3512) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nippon Felt Co Ltd (TSE:3512) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-1 Akabane West, Kita-ku, Tokyo, JPN, 115-0055

Website

http://www.felt.co.jp

Nippon Felt Co Ltd is a Japan-based company engages in producing, finishing, and selling felts for making paper, pulp, slate, and other industrial applications. It also involved in producing and selling various types of textile products and other industrial chemicals.

Nippon Felt Co (TSE:3512) Headlines

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