TVE Co (TSE:6466) Debt-to-Asset : 0.03 (As of Mar. 2024)

View and export this data going back to 2000. Start your Free Trial

What is TVE Co Debt-to-Asset?

TVE Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円212 Mil. TVE Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円185 Mil. TVE Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was 円14,505 Mil. TVE Co's debt to asset for the quarter that ended in Mar. 2024 was 0.03.

TVE Co Debt-to-Asset Historical Data

The historical data trend for TVE 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.

* Premium members only.

TVE Co Debt-to-Asset Chart

TVE Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Asset

Get a 7-Day Free Trial

0.04

0.03

0.02

0.05

0.04

TVE Co 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															0.04	0.04	0.04	0.03	0.03

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

For the Specialty Industrial Machinery subindustry, TVE 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.

TVE Co's Debt-to-Asset Distribution in the Industrial Products Industry

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

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

TVE Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TVE Co's Debt-to-Asset for the fiscal year that ended in Sep. 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
	=	(315.68	+	305.023)	/	14065.593
	=	0.04

TVE 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
	=	(211.635	+	185.016)	/	14504.556
	=	0.03

TVE Co (TSE:6466) 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.

TVE Co Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of TVE Co's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

TVE Co (TSE:6466) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » TVE Co Ltd (TSE:6466) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-12-1, Nishitachibana-cho, Amagasaki-shi, Hyogo, Amagasaki, JPN, 660-0054

Website

http://www.toavalve.co.jp

TVE Co Ltd is engaged in the manufacture and sale of various valves and cast steel products, and maintenance work of various valves. The products of the company include safety valve, relief valve, sluice valve, check valve, special valve, and globe valve.

TVE Co (TSE:6466) Headlines

No Headlines