MEIWA INDUSTRY Co (TSE:7284) Debt-to-Asset : 0.26 (As of Sep. 2024)

View and export this data going back to 1981. Start your Free Trial

What is MEIWA INDUSTRY Co Debt-to-Asset?

MEIWA INDUSTRY Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円5,258 Mil. MEIWA INDUSTRY Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,322 Mil. MEIWA INDUSTRY Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was 円25,090 Mil. MEIWA INDUSTRY Co's debt to asset for the quarter that ended in Sep. 2024 was 0.26.

MEIWA INDUSTRY Co Debt-to-Asset Historical Data

The historical data trend for MEIWA INDUSTRY 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.

MEIWA INDUSTRY Co Debt-to-Asset Chart

MEIWA INDUSTRY Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

Get a 7-Day Free Trial

0.19

0.23

0.24

0.27

MEIWA INDUSTRY 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															0.25	0.25	0.26	0.27	0.26

Competitive Comparison of MEIWA INDUSTRY Co's Debt-to-Asset

For the Auto Parts subindustry, MEIWA INDUSTRY 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.

MEIWA INDUSTRY Co's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MEIWA INDUSTRY Co's Debt-to-Asset distribution charts can be found below:

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

MEIWA INDUSTRY Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

MEIWA INDUSTRY 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
	=	(5470.803	+	1127.512)	/	24765.411
	=	0.27

MEIWA INDUSTRY 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
	=	(5257.693	+	1322.396)	/	25090.223
	=	0.26

MEIWA INDUSTRY Co (TSE:7284) 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.

MEIWA INDUSTRY Co Debt-to-Asset Related Terms

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

MEIWA INDUSTRY Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MEIWA INDUSTRY Co Ltd (TSE:7284) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-1-1, Kotobuki-cho, Hon-Atsugi Atsugi City, kanagawa, JPN, 243-0003

Website

http://www.meiwasangyo.co.jp

MEIWA INDUSTRY Co Ltd is a Japan-based company engages in the manufacture and sale of automotive interior parts. It also manufactures and sells home construction materials and devices.

MEIWA INDUSTRY Co Headlines

No Headlines