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JMDMF (Japan Medical Dynamic Marketing) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)


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What is Japan Medical Dynamic Marketing 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. Japan Medical Dynamic Marketing's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Japan Medical Dynamic Marketing's long-term debt to total assets ratio declined from Sep. 2023 (0.02) to Sep. 2024 (0.01). It may suggest that Japan Medical Dynamic Marketing is progressively becoming less dependent on debt to grow their business.

Japan Medical Dynamic Marketing LT-Debt-to-Total-Asset Historical Data

The historical data trend for Japan Medical Dynamic Marketing'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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Japan Medical Dynamic Marketing LT-Debt-to-Total-Asset Chart

Japan Medical Dynamic Marketing Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.08 0.05 0.03 0.01

Japan Medical Dynamic Marketing Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
LT-Debt-to-Total-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 0.02 0.01 - 0.01 -

Japan Medical Dynamic Marketing LT-Debt-to-Total-Asset Calculation

Japan Medical Dynamic Marketing'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 )
=1.965/210.16
=0.01

Japan Medical Dynamic Marketing'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 )
=1.271/217.992
=0.01

* 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.

Japan Medical Dynamic Marketing  (OTCPK:JMDMF) 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.

Japan Medical Dynamic Marketing LT-Debt-to-Total-Asset Related Terms

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Japan Medical Dynamic Marketing Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Japan Medical Dynamic Marketing Inc (OTCPK:JMDMF) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
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Traded in Other Exchanges
7600:Japan
Address
12-2, Ichigayadaimachi, Shinjuku-ku, Tokyo, JPN, 162-0066
Website
http://www.jmdm.co.jp
Japan Medical Dynamic Marketing Inc is a Japan-based medical equipment manufacturer. The company is engaged in the development and sale of advanced medical devices. Products offered by the company include trauma devices, joint prostheses, spinal fixation devices, and artificial bone fillers. It caters its products to medical professionals and major hospitals throughout Japan. The company is also engaged in the import and sale of medical devices.