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Central Glass Co (Central Glass Co) Debt-to-Asset : 0.28 (As of Dec. 2023)


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What is Central Glass Co Debt-to-Asset?

Central Glass Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $131 Mil. Central Glass Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $303 Mil. Central Glass Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $1,576 Mil. Central Glass Co's debt to asset for the quarter that ended in Dec. 2023 was 0.28.


Central Glass Co Debt-to-Asset Historical Data

The historical data trend for Central Glass Co's Debt-to-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.

Central Glass Co Debt-to-Asset Chart

Central Glass Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.22 0.15 0.29 0.25

Central Glass Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.29 0.27 0.28 0.25

Competitive Comparison of Central Glass Co's Debt-to-Asset

For the Building Materials subindustry, Central Glass Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Central Glass Co's Debt-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Central Glass Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Central Glass Co's Debt-to-Asset falls into.



Central Glass Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Central Glass Co's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(75.324 + 278.47) / 1431.091
=0.25

Central Glass Co's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(130.732 + 302.976) / 1576.279
=0.28

* 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.


Central Glass Co  (OTCPK:CGCLF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Central Glass Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Central Glass Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Central Glass Co (Central Glass Co) Business Description

Traded in Other Exchanges
Address
7-1 Kanda-Nishikicho 3-chome, Kowa-Hitotsubashi Building, Chiyoda-ku, Tokyo, JPN, 101-0054
Central Glass Co Ltd manufactures and sells a variety of chemicals and glass-based products. The firm's two segments are based on product type. The glass segment, which generates the majority of revenue, sells architectural glass used in windows and other building components, automotive glass, and glass used in electronics for touchscreen panels and liquid-crystal display screens. The chemicals segment sells hydrogen fluoride used to make electronics and pharmaceuticals, fertilizers, soda ash and chloride used in water treatment and refrigerants, and glass fiber products. The majority of revenue comes from Japan and North America.

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