OKANO VALVE MFG Co (TSE:6492) Debt-to-Asset : 0.09 (As of Feb. 2024)

OKANO VALVE MFG Co Debt-to-Asset Chart

OKANO VALVE MFG Co Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Debt-to-Asset		Get a 7-Day Free Trial					0.19	0.17	0.15	0.12	0.09

OKANO VALVE MFG Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Debt-to-Asset	Get a 7-Day Free Trial															0.12	0.11	0.10	0.09	0.09

Competitive Comparison of OKANO VALVE MFG Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, OKANO VALVE MFG 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.

OKANO VALVE MFG Co's Debt-to-Asset Distribution in the Industrial Products Industry

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

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

OKANO VALVE MFG Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

OKANO VALVE MFG Co's Debt-to-Asset for the fiscal year that ended in Nov. 2023 is calculated as

OKANO VALVE MFG Co's Debt-to-Asset for the quarter that ended in Feb. 2024 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.

OKANO VALVE MFG Co  (TSE:6492) 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.

OKANO VALVE MFG Co Debt-to-Asset Related Terms

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OKANO VALVE MFG Co (TSE:6492) Business Description