Nipponnso Holdings (FRA:NPX) LT-Debt-to-Total-Asset : 0.31 (As of Sep. 2024)

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What is Nipponnso Holdings LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Nipponnso Holdings's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.31.

Nipponnso Holdings's long-term debt to total assets ratio declined from Sep. 2023 (0.36) to Sep. 2024 (0.31). It may suggest that Nipponnso Holdings is progressively becoming less dependent on debt to grow their business.

Nipponnso Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nipponnso Holdings's LT-Debt-to-Total-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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Nipponnso Holdings LT-Debt-to-Total-Asset Chart

Nipponnso Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.46

0.43

0.39

0.35

0.30

Nipponnso Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.36	0.30	0.30	-	0.31

Nipponnso Holdings LT-Debt-to-Total-Asset Calculation

Nipponnso Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	4446.149	/	14793.599
	=	0.30

Nipponnso Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	4581.685	/	14770.358
	=	0.31

Nipponnso Holdings (FRA:NPX) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Nipponnso Holdings LT-Debt-to-Total-Asset Related Terms

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Nipponnso Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Sanso Holdings Corp (FRA:NPX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

TYNPF:USA 4091:Japan NPX:Germany

Address

Toyo Building 1-3-26, Koyama, Shinagawa-ku, Tokyo, JPN, 142-8558

Website

https://www.nipponsanso-hd.co.jp

Nippon Sanso Holdings Group is the leading industrial gases manufacturer in Japan. The company's three main business domains are the industrial gases business, the electronics business, and the Thermos business. The company has a global presence with a majority of its revenue coming from the gas business in Japan. The industrial gases operation supplies the steelmaking, chemical, and automotive industries and provides medical products. The industrial gases domain dramatically expanded following the Praxair, Inc. acquisition that added a new business vertical. The electronics business has a supply chain in east Asia and is a hub for major semiconductor manufacturers.

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