Nichia Steel Works (TSE:5658) Debt-to-Asset : 0.06 (As of Dec. 2023)

Nichia Steel Works Debt-to-Asset Chart

Nichia Steel Works Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Debt-to-Asset		Get a 7-Day Free Trial					0.13	0.11	0.09	0.09	0.08

Nichia Steel Works Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.09	0.08	0.08	0.07	0.06

Competitive Comparison of Nichia Steel Works's Debt-to-Asset

For the Tools & Accessories subindustry, Nichia Steel Works'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.

Nichia Steel Works's Debt-to-Asset Distribution in the Industrial Products Industry

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

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

Nichia Steel Works Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nichia Steel Works's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Nichia Steel Works's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

* 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.

Nichia Steel Works  (TSE:5658) 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.

Nichia Steel Works Debt-to-Asset Related Terms

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Nichia Steel Works (TSE:5658) Business Description