Marutongyo Co (FSE:7894) LT-Debt-to-Total-Asset : 0.15 (As of Feb. 2024)

View and export this data going back to 1947. Start your Free Trial

What is Marutongyo 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. Marutongyo Co's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.15.

Marutongyo Co's long-term debt to total assets ratio increased from Feb. 2023 (0.10) to Feb. 2024 (0.15). It may suggest that Marutongyo Co is progressively becoming more dependent on debt to grow their business.

Marutongyo Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Marutongyo 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.

* Premium members only.

Marutongyo Co LT-Debt-to-Total-Asset Chart

Marutongyo Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.04

0.03

0.10

0.15

Marutongyo Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.09	0.16	0.15	0.15

Marutongyo Co LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	2691.427	/	18152.677
	=	0.15

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

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	2691.427	/	18152.677
	=	0.15

Marutongyo Co (FSE:7894) 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.

Marutongyo Co LT-Debt-to-Total-Asset Related Terms

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

Marutongyo Co (FSE:7894) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Maruto Sangyo Co Ltd (FSE:7894) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

892-1 Hikata, Ogori, Fukuoka, JPN, 838-0112

Website

https://www.marutosangyo.co.jp

Maruto Sangyo Co Ltd produces and sells laminated films and paper products for the packaging companies in Japan. It is also engaged in photogravure printing and bag-making, photogravure cylinder making, sales of paper packaging, packing paper, and label stickers, plastic molding products, and packing materials. It also sells packaging machinery and industrial machinery, agricultural-related materials, and horticultural equipment.

Marutongyo Co (FSE:7894) Headlines

No Headlines