MS&AD Insurance Group Holdings (MS&AD Insurance Group Holdings) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

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What is MS&AD Insurance Group Holdings 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. MS&AD Insurance Group Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

MS&AD Insurance Group Holdings's long-term debt to total assets ratio stayed the same from Dec. 2022 (0.03) to Dec. 2023 (0.03).

MS&AD Insurance Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for MS&AD Insurance Group Holdings'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.

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MS&AD Insurance Group Holdings LT-Debt-to-Total-Asset Chart

MS&AD Insurance Group Holdings Annual Data

Trend

Mar14

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Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.03

0.04

0.03

MS&AD Insurance Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.03

MS&AD Insurance Group Holdings LT-Debt-to-Total-Asset Calculation

MS&AD Insurance Group Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	5347.299	/	187038.97
	=	0.03

MS&AD Insurance Group Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	4967.728	/	179483.524
	=	0.03

MS&AD Insurance Group Holdings (OTCPK:MSADY) 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.

MS&AD Insurance Group Holdings LT-Debt-to-Total-Asset Related Terms

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MS&AD Insurance Group Holdings (MS&AD Insurance Group Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MS&AD Insurance Group Holdings Inc (OTCPK:MSADY) » Definitions » LT-Debt-to-Total-Asset

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MSADF:USA 8725:Japan

Address

Yaesu First Financial Building, Yaesu 1-3-7, Chuo-ku, Tokyo, JPN, 103-0028

Website

http://www.ms-ad-hd.com

MS&AD is Japan's second-biggest nonlife insurer, trailing industry leader Tokio Marine in the scale of global operations although not in Japan. Like Tokio Marine and Sompo, MS&AD has grown into a second-tier presence in the domestic life insurance market since life and non-life insurance were mutually deregulated in 1996. Overseas, it is less focused on the U.S. market than its two Japanese rivals and more focused on emerging Asia, but its acquisition of Lloyd's syndicate Amlin in 2017 has increased its exposure to the European and North American markets. MS&AD has historical business connections with the Mitsui and Sumitomo groups (the 'MS' in the company name) and has a long-term partnership with Toyota Motor that is advantageous in acquiring auto insurance customers.