NIPPON CONCEPT (TSE:9386) Debt-to-Asset : 0.20 (As of Jun. 2024)

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What is NIPPON CONCEPT Debt-to-Asset?

NIPPON CONCEPT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was 円1,465 Mil. NIPPON CONCEPT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was 円4,099 Mil. NIPPON CONCEPT's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was 円27,924 Mil. NIPPON CONCEPT's debt to asset for the quarter that ended in Jun. 2024 was 0.20.

NIPPON CONCEPT Debt-to-Asset Historical Data

The historical data trend for NIPPON CONCEPT'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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NIPPON CONCEPT Debt-to-Asset Chart

NIPPON CONCEPT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.33

0.31

0.30

0.24

0.22

NIPPON CONCEPT Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Asset	Get a 7-Day Free Trial															0.23	0.24	0.22	0.22	0.20

Competitive Comparison of NIPPON CONCEPT's Debt-to-Asset

For the Oil & Gas Midstream subindustry, NIPPON CONCEPT'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.

NIPPON CONCEPT's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NIPPON CONCEPT's Debt-to-Asset distribution charts can be found below:

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

NIPPON CONCEPT Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

NIPPON CONCEPT's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(1389.448	+	4612.573)	/	26942.098
	=	0.22

NIPPON CONCEPT's Debt-to-Asset for the quarter that ended in Jun. 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
	=	(1465.106	+	4099.257)	/	27924.149
	=	0.20

NIPPON CONCEPT (TSE:9386) 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.

NIPPON CONCEPT Debt-to-Asset Related Terms

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NIPPON CONCEPT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NIPPON CONCEPT Corp (TSE:9386) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fukoku Seimei Building 8F, 2-2 Uchisaiwaicho 2-Chome, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

http://www.n-concept.co.jp

NIPPON CONCEPT Corp is engaged in the business of transportation of chemicals and various gases. The company is also involved in the storage of liquid cargo, recovery and destruction of freon gas, cleaning and maintenance of chemical tank containers, and storage and inspection of gas tank containers.

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