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Thinca Co (TSE:149A) Debt-to-Asset : 0.02 (As of Mar. 2024)


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What is Thinca Co Debt-to-Asset?

Thinca Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円2.1 Mil. Thinca Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円21.4 Mil. Thinca Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was 円1,104.8 Mil. Thinca Co's debt to asset for the quarter that ended in Mar. 2024 was 0.02.

Thinca Co Debt-to-Asset Historical Data

The historical data trend for Thinca 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.

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Thinca Co Debt-to-Asset Chart

Thinca Co Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Asset
0.07 0.09 0.05

Thinca Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24
Debt-to-Asset 0.07 0.09 0.05 0.05 0.02

Competitive Comparison of Thinca Co's Debt-to-Asset

For the Software - Application subindustry, Thinca 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.

Thinca Co's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Thinca Co's Debt-to-Asset distribution charts can be found below:

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


Thinca Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Thinca Co'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
=(2.1 + 21.875) / 536.751
=0.04

Thinca Co'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
=(2.1 + 21.35) / 1104.842
=0.02

* 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.

Thinca Co  (TSE:149A) 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.

Thinca Co Debt-to-Asset Related Terms

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Thinca Co (TSE:149A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Thinca Co Ltd (TSE:149A) » Definitions » Debt-to-Asset
Comparable Companies
Traded in Other Exchanges
N/A
Address
3-3 Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-0054
Website
Thinca Co Ltd is engaged in development and distribution of communication platform "KAICLOUD", and other related business.

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