Truck-One Co (FSE:3047) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)

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What is Truck-One Co 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. Truck-One Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

Truck-One Co's long-term debt to total assets ratio declined from Sep. 2023 (0.12) to Dec. 2024 (0.07). It may suggest that Truck-One Co is progressively becoming less dependent on debt to grow their business.

Truck-One Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Truck-One Co'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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Truck-One Co LT-Debt-to-Total-Asset Chart

Truck-One Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.21

0.20

0.18

0.13

0.07

Truck-One Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.13	0.12	0.11	0.07

Truck-One Co LT-Debt-to-Total-Asset Calculation

Truck-One Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	443.009	/	6324.626
	=	0.07

Truck-One Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	443.009	/	6324.626
	=

Truck-One Co (FSE:3047) 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.

Truck-One Co LT-Debt-to-Total-Asset Related Terms

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Truck-One Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Truck-One Co Ltd (FSE:3047) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 No. 40 South Third Street Ikunoya, Kudamatsu, Yamaguchi, JPN, 744-0033

Website

http://www.truck-one.com

Truck-One Co Ltd is a Japanese firm. It is engaged in the purchase and sale of used vehicles. It also rents and repairs, trucks. It offers trailer truck, dump truck, vehicle carrier, container truck, refrigerator truck, mixer truck, wing truck, tractor, and crane trucks.

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