Nissan Chemical (TSE:4021) Debt-to-Asset : 0.13 (As of Mar. 2024)

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What is Nissan Chemical Debt-to-Asset?

Nissan Chemical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円39,696 Mil. Nissan Chemical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円1,284 Mil. Nissan Chemical's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was 円323,458 Mil. Nissan Chemical's debt to asset for the quarter that ended in Mar. 2024 was 0.13.

Nissan Chemical Debt-to-Asset Historical Data

The historical data trend for Nissan Chemical'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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Nissan Chemical Debt-to-Asset Chart

Nissan Chemical Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.10

0.09

0.08

0.09

0.13

Nissan Chemical 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															0.09	0.12	0.04	0.12	0.13

Competitive Comparison of Nissan Chemical's Debt-to-Asset

For the Chemicals subindustry, Nissan Chemical'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.

Nissan Chemical's Debt-to-Asset Distribution in the Chemicals Industry

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

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

Nissan Chemical Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nissan Chemical'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
	=	(39696	+	1284)	/	323458
	=	0.13

Nissan Chemical'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
	=	(39696	+	1284)	/	323458
	=	0.13

Nissan Chemical (TSE:4021) 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.

Nissan Chemical Debt-to-Asset Related Terms

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Nissan Chemical (TSE:4021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nissan Chemical Corp (TSE:4021) » Definitions » Debt-to-Asset

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NNCHY:USA NSC:Germany

Address

7-1 Kanda Nishiki-Cho 3-chome, Chiyoda-ku, Tokyo, JPN, 101-0054

Website

http://www.nissanchem.co.jp

Nissan Chemical Industries Ltd manufactures and sells chemicals, semiconductors, and pharmaceutical products. The firm organizes itself into six segments based on product type. The Performance Materials segment, which generates the most revenue of any segment, sells resins for liquid-crystal display screens and semiconductors. The Agrochemicals segment sells herbicides, insecticides, and fungicides to the agriculture industry. The Chemicals segment sells melamine, ammonia, and fine chemical products. The Pharmaceuticals segment sells anti-cholesterol agents under the Livalo brand. The other two segments are Trading and Other. The majority of revenue comes from Japan.

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