ADTEC PLASMA TECHNOLOGY Co (TSE:6668) LT-Debt-to-Total-Asset : 0.22 (As of Feb. 2024)

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What is ADTEC PLASMA TECHNOLOGY Co 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. ADTEC PLASMA TECHNOLOGY Co's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.22.

ADTEC PLASMA TECHNOLOGY Co's long-term debt to total assets ratio declined from Feb. 2023 (0.24) to Feb. 2024 (0.22). It may suggest that ADTEC PLASMA TECHNOLOGY Co is progressively becoming less dependent on debt to grow their business.

ADTEC PLASMA TECHNOLOGY Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for ADTEC PLASMA TECHNOLOGY Co'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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ADTEC PLASMA TECHNOLOGY Co LT-Debt-to-Total-Asset Chart

ADTEC PLASMA TECHNOLOGY Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

LT-Debt-to-Total-Asset

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0.13

0.10

0.13

0.18

0.23

ADTEC PLASMA TECHNOLOGY Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.24	0.24	0.23	0.21	0.22

ADTEC PLASMA TECHNOLOGY Co LT-Debt-to-Total-Asset Calculation

ADTEC PLASMA TECHNOLOGY Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (A: Aug. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2023 )	/	Total Assets (A: Aug. 2023 )
	=	6285	/	27250
	=	0.23

ADTEC PLASMA TECHNOLOGY Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	5677	/	25959
	=	0.22

ADTEC PLASMA TECHNOLOGY Co (TSE:6668) 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.

ADTEC PLASMA TECHNOLOGY Co LT-Debt-to-Total-Asset Related Terms

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ADTEC PLASMA TECHNOLOGY Co (TSE:6668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ADTEC PLASMA TECHNOLOGY Co Ltd (TSE:6668) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

6-10, 5-chome, Hikino-cho, Fukuyama City, Hiroshima, JPN, 721-0942

Website

http://www.adtec-rf.com

ADTEC PLASMA TECHNOLOGY CO., Ltd. is a Japan-based company. It is mainly engaged in the design, manufacture, and sale of radio frequency (RF) plasma generators. Products offered by the company include visual matching unit, visual matching unit, digital RF power tracer, and chamber analyzer.

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