Shift (TSE:3697) Debt-to-Asset : 0.20 (As of Feb. 2025)

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What is Shift Debt-to-Asset?

Shift's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2025 was 円8,253 Mil. Shift's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2025 was 円5,414 Mil. Shift's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Feb. 2025 was 円67,800 Mil. Shift's debt to asset for the quarter that ended in Feb. 2025 was 0.20.

Shift Debt-to-Asset Historical Data

The historical data trend for Shift'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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Shift Debt-to-Asset Chart

Shift Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Debt-to-Asset

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0.23

0.12

0.09

0.10

0.15

Shift Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Debt-to-Asset	Get a 7-Day Free Trial															0.22	0.24	0.15	0.19	0.20

Competitive Comparison of Shift's Debt-to-Asset

For the Software - Application subindustry, Shift'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.

Shift's Debt-to-Asset Distribution in the Software Industry

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

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

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Shift Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Shift's Debt-to-Asset for the fiscal year that ended in Aug. 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
	=	(2906	+	6671)	/	62717
	=	0.15

Shift's Debt-to-Asset for the quarter that ended in Feb. 2025 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(8253	+	5414)	/	67800
	=	0.20

Shift (TSE:3697) 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.

Shift Debt-to-Asset Related Terms

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Shift Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Shift Inc (TSE:3697) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

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Address

MASONIC 39 MT BUILDING, 2-4-5 Azabudai, Minato-ku, Tokyo, JPN, 106-0041

Website

http://www.shiftinc.jp

Shift Inc provides software testing services. The company's solutions include Test Design that takes into consideration of usability for the next project, and its seasoned test engineers provide support to test design such as building standard confirmation item. Test Run helps the customers to choose onsite or off-site implementation in accordance with the environment. MinTest is a website where people report bugs of social games and applications. It also provides other services such as CAT, Non-Functional Testing, Localization, and others related services.

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