Meiho Holdings (TSE:7369) Debt-to-Asset : 0.44 (As of Mar. 2024)

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What is Meiho Holdings Debt-to-Asset?

Meiho Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円1,134 Mil. Meiho Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円3,019 Mil. Meiho Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was 円9,542 Mil. Meiho Holdings's debt to asset for the quarter that ended in Mar. 2024 was 0.44.

Meiho Holdings Debt-to-Asset Historical Data

The historical data trend for Meiho Holdings'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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Meiho Holdings Debt-to-Asset Chart

Meiho Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Asset

0.34

0.29

0.11

0.16

0.08

Meiho Holdings Quarterly Data
	Jun19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial											0.18	0.08	0.13	0.44	0.44

Competitive Comparison of Meiho Holdings's Debt-to-Asset

For the Specialty Business Services subindustry, Meiho Holdings'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.

Meiho Holdings's Debt-to-Asset Distribution in the Business Services Industry

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

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

Meiho Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Meiho Holdings's Debt-to-Asset for the fiscal year that ended in Jun. 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
	=	(40.594	+	302.077)	/	4146.868
	=	0.08

Meiho Holdings's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1134.233	+	3019.31)	/	9541.741
	=	0.44

Meiho Holdings (TSE:7369) 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.

Meiho Holdings Debt-to-Asset Related Terms

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Meiho Holdings (TSE:7369) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Meiho Holdings Inc (TSE:7369) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-21 Fukiagecho, Gifu, JPN, 500-8326

Website

https://meihoholdings.co.jp

Meiho Holdings Inc is engaged in the construction consulting, compensate consulting, land survey, geological survey, temporary staffing services, security, construction and nursing care, . and related operations.

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