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Ecomic Co (TSE:3802) Debt-to-Asset : 0.22 (As of Dec. 2023)


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What is Ecomic Co Debt-to-Asset?

Ecomic Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円376 Mil. Ecomic Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円95 Mil. Ecomic Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was 円2,134 Mil. Ecomic Co's debt to asset for the quarter that ended in Dec. 2023 was 0.22.


Ecomic Co Debt-to-Asset Historical Data

The historical data trend for Ecomic 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.

* Premium members only.

Ecomic Co Debt-to-Asset Chart

Ecomic Co 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 - - - - 0.10

Ecomic 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 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 0.24 0.10 0.10 0.09 0.22

Competitive Comparison of Ecomic Co's Debt-to-Asset

For the Specialty Business Services subindustry, Ecomic 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.


Ecomic Co's Debt-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ecomic Co's Debt-to-Asset distribution charts can be found below:

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



Ecomic Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ecomic 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
=(33.93 + 132.223) / 1717.589
=0.10

Ecomic 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
=(375.826 + 95.053) / 2133.621
=0.22

* 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.


Ecomic Co  (TSE:3802) 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.


Ecomic Co Debt-to-Asset Related Terms

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Ecomic Co (TSE:3802) Business Description

Traded in Other Exchanges
N/A
Address
Otanishi 8-chome 1-1 Asahi Life Sapporo Odori Building, Chuo-ku, Sapporo, JPN, 060-0042
Ecomic Co Ltd is a Japanese firm. It provides payroll outsourcing services. The Company develops and sells payroll calculation systems and provides salary consulting services throughout Japan. It also develops and maintains computer software and sells and operates personnel management systems.

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