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Toray Industries (Toray Industries) Debt-to-Asset : 0.30 (As of Dec. 2023)


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What is Toray Industries Debt-to-Asset?

Toray Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,058 Mil. Toray Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,874 Mil. Toray Industries's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $23,533 Mil. Toray Industries's debt to asset for the quarter that ended in Dec. 2023 was 0.29.


Toray Industries Debt-to-Asset Historical Data

The historical data trend for Toray Industries'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.

Toray Industries Debt-to-Asset Chart

Toray Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.36 0.34 0.31 0.30

Toray Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.32 0.30 0.29 0.29 0.30

Competitive Comparison of Toray Industries's Debt-to-Asset

For the Textile Manufacturing subindustry, Toray Industries'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.


Toray Industries's Debt-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toray Industries's Debt-to-Asset distribution charts can be found below:

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



Toray Industries Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Toray Industries's Debt-to-Asset for the fiscal year that ended in Mar. 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
=(2895.425 + 4212.628) / 23895.992
=0.30

Toray Industries'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
=(3058.011 + 3874.185) / 23533.44
=0.29

* 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.


Toray Industries  (OTCPK:TRYIY) 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.


Toray Industries Debt-to-Asset Related Terms

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


Toray Industries (Toray Industries) Business Description

Traded in Other Exchanges
Address
Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, JPN, 103-8666
Toray Industries Inc is a Japan-based company that is primarily engaged in the integrated chemical industry to produce apparel and industrial materials. The company's businesses consist of Fibers & Textiles, Plastics & Chemicals, IT-related Products, Carbon Fiber Composite Materials, Environment & Engineering, and Life Science. The Fibers & Textiles business and Plastics & Chemicals business are the company's core growth drivers, and they jointly contribute around two thirds of the company's revenue. The company has business presence in Japan, China, other Asian areas, Europe, North America, and other areas, with the whole Asia market accounting for majority of the company's total revenue.

Toray Industries (Toray Industries) Headlines