Ishikawa Seisakusho (TSE:6208) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)

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What is Ishikawa Seisakusho 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. Ishikawa Seisakusho's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

Ishikawa Seisakusho's long-term debt to total assets ratio declined from Dec. 2022 (0.05) to Dec. 2023 (0.04). It may suggest that Ishikawa Seisakusho is progressively becoming less dependent on debt to grow their business.

Ishikawa Seisakusho LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ishikawa Seisakusho'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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Ishikawa Seisakusho LT-Debt-to-Total-Asset Chart

Ishikawa Seisakusho Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.12

0.08

0.07

0.06

0.05

Ishikawa Seisakusho 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															0.05	0.05	0.05	0.05	0.04

Ishikawa Seisakusho LT-Debt-to-Total-Asset Calculation

Ishikawa Seisakusho'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 )
	=	785	/	15032.86
	=	0.05

Ishikawa Seisakusho'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 )
	=	605	/	16358.331
	=	0.04

Ishikawa Seisakusho (TSE:6208) 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.

Ishikawa Seisakusho LT-Debt-to-Total-Asset Related Terms

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Ishikawa Seisakusho (TSE:6208) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ishikawa Seisakusho Ltd (TSE:6208) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Fukudomemachi, Ishikawa Prefecture, Hakusan City, JPN, 924-0051

Website

http://www.ishiss.co.jp

Ishikawa Seisakusho Ltd is a Japan-based machinery manufacturer. The company is mainly engaged in the manufacturing and sale of various machines and equipment. Products offered by the company include a paper processing machine, cardboard box printing machine, textile machine system equipment, high-speed micro chip appearance inspection equipment, and defense equipment.

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