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Toho Titanium Co (Toho Titanium Co) Debt-to-Asset : 0.45 (As of Dec. 2023)


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What is Toho Titanium Co Debt-to-Asset?

Toho Titanium Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $248.4 Mil. Toho Titanium Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $135.4 Mil. Toho Titanium Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $848.1 Mil. Toho Titanium Co's debt to asset for the quarter that ended in Dec. 2023 was 0.45.


Toho Titanium Co Debt-to-Asset Historical Data

The historical data trend for Toho Titanium 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.

Toho Titanium Co Debt-to-Asset Chart

Toho Titanium Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.43 0.41 0.40 0.45

Toho Titanium 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.43 0.44 0.45 0.45

Competitive Comparison of Toho Titanium Co's Debt-to-Asset

For the Other Industrial Metals & Mining subindustry, Toho Titanium 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.


Toho Titanium Co's Debt-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Toho Titanium Co's Debt-to-Asset distribution charts can be found below:

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



Toho Titanium Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Toho Titanium 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
=(242.653 + 131.98) / 841.03
=0.45

Toho Titanium Co's Debt-to-Asset for the quarter 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
=(248.372 + 135.351) / 848.137
=0.45

* 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.


Toho Titanium Co  (OTCPK:TTNNF) 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.


Toho Titanium Co Debt-to-Asset Related Terms

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Toho Titanium Co (Toho Titanium Co) Business Description

Traded in Other Exchanges
Address
3-3-5,Chigasaki, Chigasaki City, Kanagawa, JPN, 2538510
Toho Titanium Co Ltd is a company which focuses on titanium products. Through its titanium business, the company manufactures titanium ingots, titanium sponge, high-purity titanium, and fabricated titanium products. Products are sold across several industries, mostly for aerospace and electronic materials production. Materials gained in the titanium production process are utilised to create catalysts, titanium dioxide for electronic materials, and nickel powder for capacitors. These products form the catalysts and chemicals business, and the output is largely sold to petrochemical companies and businesses manufacturing electronic materials.

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