Kobe Steel (NGO:5406) Debt-to-Asset : 0.30 (As of Dec. 2023)

View and export this data going back to 1949. Start your Free Trial

What is Kobe Steel Debt-to-Asset?

Kobe Steel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円161,021 Mil. Kobe Steel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円728,872 Mil. Kobe Steel's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was 円2,976,275 Mil. Kobe Steel's debt to asset for the quarter that ended in Dec. 2023 was 0.30.

Kobe Steel Debt-to-Asset Historical Data

The historical data trend for Kobe Steel'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.

Kobe Steel Debt-to-Asset Chart

Kobe Steel Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

Get a 7-Day Free Trial

0.38

0.41

0.35

0.32

0.30

Kobe Steel 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															0.32	0.32	0.29	0.30	0.30

Competitive Comparison of Kobe Steel's Debt-to-Asset

For the Steel subindustry, Kobe Steel'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.

Kobe Steel's Debt-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Kobe Steel's Debt-to-Asset distribution charts can be found below:

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

Kobe Steel Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Kobe Steel'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
	=	(165943	+	697531)	/	2919774
	=	0.30

Kobe Steel'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
	=	(161021	+	728872)	/	2976275
	=	0.30

Kobe Steel (NGO:5406) 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.

Kobe Steel Debt-to-Asset Related Terms

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

Kobe Steel (NGO:5406) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kobe Steel Ltd (NGO:5406) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

KBSTF:USA 5406:Japan KST:Germany

Address

2-4, Wakinohama-Kaigandori 2-chome, Chuo-ku, Kobe, Hyogo, JPN, 651-8585

Website

http://www.kobelco.co.jp

Kobe Steel Ltd is a Japan-based company that is primarily engaged in iron and steel, aluminum and copper, construction machinery, nonconstruction machinery, and engineering businesses. Its iron and steel business involves production of steel products, steel casting and forging, and manufacturing of titanium and steel powder. Its aluminum and copper segment manufactures aluminum and copper products. Its construction machinery segment develops and manufactures construction equipment. The nonconstruction machinery segment offers industrial machinery, compressors and equipment for the nuclear and other energy industries. The engineering segment provides solutions to plants, power stations, and water treatment companies. Japan and China account for the majority of the company's revenue.

Kobe Steel (NGO:5406) Headlines

No Headlines