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NGKIF (NGK Insulators) Debt-to-Asset : 0.23 (As of Sep. 2024)


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What is NGK Insulators Debt-to-Asset?

NGK Insulators's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $416 Mil. NGK Insulators's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $1,361 Mil. NGK Insulators's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $7,736 Mil. NGK Insulators's debt to asset for the quarter that ended in Sep. 2024 was 0.23.

NGK Insulators Debt-to-Asset Historical Data

The historical data trend for NGK Insulators'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.

NGK Insulators Debt-to-Asset Chart

NGK Insulators 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 0.28 0.29 0.26 0.25 0.23

NGK Insulators Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.23 0.25 0.23 - 0.23

Competitive Comparison of NGK Insulators's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, NGK Insulators'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.

NGK Insulators's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NGK Insulators's Debt-to-Asset distribution charts can be found below:

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


NGK Insulators Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

NGK Insulators'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
=(348.682 + 1382.245) / 7526.275
=0.23

NGK Insulators's Debt-to-Asset for the quarter that ended in Sep. 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
=(416.33 + 1360.682) / 7735.684
=0.23

* 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.

NGK Insulators  (OTCPK:NGKIF) 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.

NGK Insulators Debt-to-Asset Related Terms

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NGK Insulators Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NGK Insulators Ltd (OTCPK:NGKIF) » Definitions » Debt-to-Asset
Comparable Companies
TSE:7012 TSE:6113 TSE:6302 TSE:6845 TSE:7013 TSE:6324 TSE:6268 TSE:6481 TSE:6728 TSE:6841 XTER:SIE GE XPAR:SU ETN OSTO:ATCO A ITW XKRX:373220 PH EMR AME
Traded in Other Exchanges
5333:Japan NGI:Germany
Address
2-56 Suda-cho, Mizuho, Nagoya, JPN, 467-8530
Website
http://www.ngk.co.jp
NGK Insulators Ltd manufactures and sells electric power-related equipment, including insulators, industrial ceramic and copper products, and components connected to plant engineering. The company operates three business segments: electronics, power, and ceramic products (majority of total revenue). NGK's solutions help ensure a stable supply of electricity and attempt to reduce customers' energy emissions. The product portfolio consisting of insulators, batteries, ceramic apparatuses, and technologies can help purify, analyze, transform, and provide safer conditions. Approximately half of total revenue derive from Asia, with the remainder split between North America, Europe, and other regions.

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