Horiba (Horiba) LT-Debt-to-Total-Asset : 0.12 (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Horiba LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Horiba's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.12.

Horiba's long-term debt to total assets ratio declined from Mar. 2023 (0.13) to Mar. 2024 (0.12). It may suggest that Horiba is progressively becoming less dependent on debt to grow their business.

Horiba LT-Debt-to-Total-Asset Historical Data

The historical data trend for Horiba's LT-Debt-to-Total-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.

Horiba LT-Debt-to-Total-Asset Chart

Horiba Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.15

0.21

0.15

0.13

0.12

Horiba Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.13	0.13	0.12	0.12

Horiba LT-Debt-to-Total-Asset Calculation

Horiba's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	379.903	/	3118.665
	=	0.12

Horiba's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	366.176	/	3030.892
	=	0.12

Horiba (OTCPK:HRIBF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Horiba LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Horiba's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Horiba (Horiba) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Horiba Ltd (OTCPK:HRIBF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

6856:Japan 01H:Germany

Address

2, Miyanohigashi-cho, Kisshoin, Minami-ku, Kyoto, JPN, 601-8510

Website

http://www.horiba.co.jp

Horiba Ltd provides analytical and measurement equipment. The automotive test systems segment contributes the largest percentage of revenue and supplies engine, driveline, brake, wind tunnel balance, and emissions test systems. The scientific segment sells instruments like pH meters, X-ray microscopes, and spectrometers. The semiconductor segment supplies mass flow controllers that are used in the semiconductor manufacturing process. The medical-diagnostic segment sells blood testing instruments and reagents for the in vitro diagnostics market. The process and environmental segment provides solutions associated with environmental regulations, such as air-pollution and water-quality analyzers. Horiba generates the largest proportion of its sales in Japan.

Horiba (Horiba) Headlines

From GuruFocus

Third Avenue Value Fund's 2nd-Quarter Commentary

By Sydnee Gatewood • 08-15-2023

Third Avenue Value Fund Buys Horiba, Curbs 2 Top Holdings

By Sydnee Gatewood • 06-29-2023