Secure (FRA:Q58) Debt-to-Asset : 0.43 (As of Mar. 2024)

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What is Secure Debt-to-Asset?

Secure's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €4.34 Mil. Secure's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €6.47 Mil. Secure's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €25.42 Mil. Secure's debt to asset for the quarter that ended in Mar. 2024 was 0.43.

Secure Debt-to-Asset Historical Data

The historical data trend for Secure'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.

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Secure Debt-to-Asset Chart

Secure Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.44

0.25

0.31

0.32

Secure Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial							0.37	0.26	0.34	0.32	0.43

Competitive Comparison of Secure's Debt-to-Asset

For the Security & Protection Services subindustry, Secure'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.

Secure's Debt-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Secure's Debt-to-Asset distribution charts can be found below:

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

Secure Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Secure's Debt-to-Asset for the fiscal year 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
	=	(2.579	+	3.027)	/	17.513
	=	0.32

Secure's Debt-to-Asset for the quarter 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
	=	(4.344	+	6.467)	/	25.419
	=	0.43

Secure (FRA:Q58) 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.

Secure Debt-to-Asset Related Terms

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Secure (FRA:Q58) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Secure Inc (FRA:Q58) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

4264:Japan

Address

2-6-1 Nishishinjuku, 20F Shinjuku-Sumitomo Building, Shinjuku-ku, Tokyo, JPN, 163-0220

Website

https://www.secureinc.co.jp

Secure Inc provides access control and surveillance camera systems for corporate service.

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