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NPR-Riken (TSE:6209) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2023)


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What is NPR-Riken 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. NPR-Riken's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.05.

NPR-Riken's long-term debt to total assets ratio increased from . 20 (0.00) to Dec. 2023 (0.05). It may suggest that NPR-Riken is progressively becoming more dependent on debt to grow their business.

NPR-Riken LT-Debt-to-Total-Asset Historical Data

The historical data trend for NPR-Riken'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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NPR-Riken LT-Debt-to-Total-Asset Chart

NPR-Riken Annual Data
Trend Mar24
LT-Debt-to-Total-Asset
0.04

NPR-Riken Quarterly Data
Dec23 Mar24
LT-Debt-to-Total-Asset 0.05 0.04

NPR-Riken LT-Debt-to-Total-Asset Calculation

NPR-Riken's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )/Total Assets (A: Mar. 2024 )
=9565/218580
=0.04

NPR-Riken'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 )
=10224/213302
=

* 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.

NPR-Riken  (TSE:6209) 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.

NPR-Riken LT-Debt-to-Total-Asset Related Terms

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NPR-Riken (TSE:6209) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NPR-Riken Corp (TSE:6209) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
N/A
Address
8-1, Sanbancho, Chiyoda-ku, Tokyo, JPN, 102-0075
Website
https://www.npr-riken.co.jp
NPR-Riken Corp is engaged in the Management of group companies such as subsidiaries that manufacture and/or sale of automotive and marine-related products and other products.

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