Nikko Co (TSE:6306) Debt-to-Asset : 0.18 (As of Sep. 2024)

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What is Nikko Co Debt-to-Asset?

Nikko Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円6,262 Mil. Nikko Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円4,919 Mil. Nikko Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was 円63,995 Mil. Nikko Co's debt to asset for the quarter that ended in Sep. 2024 was 0.17.

Nikko Co Debt-to-Asset Historical Data

The historical data trend for Nikko 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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Nikko Co Debt-to-Asset Chart

Nikko Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.04

0.05

0.07

0.11

0.17

Nikko Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.12	0.15	0.15	0.17	0.18

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

For the Farm & Heavy Construction Machinery subindustry, Nikko 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.

Nikko Co's Debt-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Nikko Co's Debt-to-Asset distribution charts can be found below:

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

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Nikko Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nikko Co'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
	=	(6166	+	4550)	/	62229
	=	0.17

Nikko Co's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(6262	+	4919)	/	63995
	=	0.17

Nikko Co (TSE:6306) 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.

Nikko Co Debt-to-Asset Related Terms

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Nikko Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Nikko Co Ltd (TSE:6306) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

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Address

1013 Eijima, Okubo-cho, Hyogo, Akashi, JPN, 674-8585

Website

http://www.nikko-net.co.jp

Nikko Co Ltd manufactures and sells asphalt and concrete equipment in Japan. The products of the company are used in the construction industry.

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