Shikoku Kasei Holdings (TSE:4099) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2024)

View and export this data going back to 1962. Start your Free Trial

What is Shikoku Kasei 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. Shikoku Kasei Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.10.

Shikoku Kasei Holdings's long-term debt to total assets ratio declined from Mar. 2023 (0.11) to Mar. 2024 (0.10). It may suggest that Shikoku Kasei Holdings is progressively becoming less dependent on debt to grow their business.

Shikoku Kasei Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shikoku Kasei 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.

* Premium members only.

Shikoku Kasei Holdings LT-Debt-to-Total-Asset Chart

Shikoku Kasei Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.07

0.10

Shikoku Kasei Holdings 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															0.11	0.11	0.10	0.10	0.10

Shikoku Kasei Holdings LT-Debt-to-Total-Asset Calculation

Shikoku Kasei Holdings'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 )
	=	12906	/	131046
	=	0.10

Shikoku Kasei Holdings'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 )
	=	13177	/	130908
	=	0.10

Shikoku Kasei Holdings (TSE:4099) 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.

Shikoku Kasei Holdings LT-Debt-to-Total-Asset Related Terms

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

Shikoku Kasei Holdings (TSE:4099) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shikoku Kasei Holdings Corp (TSE:4099) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

8-537-1 Dokicho-Higashi, Marugame-shi, Kagawa-ken, JPN, 763-8504

Website

http://www.shikoku.co.jp

Shikoku Kasei Holdings Corp is engaged in the chemicals and building material business. The chemicals are used in various things and places such as automobiles, smartphones, and pools. The building material products add color to living spaces, such as painted walls, garage front doors, and archways for public facilities.

Shikoku Kasei Holdings (TSE:4099) Headlines

No Headlines