Mie Co (NGO:3442) LT-Debt-to-Total-Asset: 0.08 (As of Mar. 2026)


NGO:3442 Mie Corp Co Ltd NGO:3442
65 GF Score
Price 円1,612.00
GF Value 円1,450.31
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Mie Co LT-Debt-to-Total-Asset?

Mie Co NGO:3442 +0.31% 65 LT-Debt-to-Total-Asset is 0.08 as of Mar. 2026. GuruFocus rates NGO:3442 with a GF Score™ of 65/100 and a GF Value™ of 円1,450.31 (Modestly Overvalued). The stock has 5 warning signs investors should review.

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. Mie Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.08.

Mie Co's long-term debt to total assets ratio declined from Mar. 2025 (0.12) to Mar. 2026 (0.08). It may suggest that Mie Co is progressively becoming less dependent on debt to grow their business.

Mie Co  (NGO:3442) 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.

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

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

* Premium members only.

The historical data trend for Mie 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.

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

Mie Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.18 0.13 0.12 0.08

Mie Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.13 0.12 0.12 0.11 0.08
NGO:3442
65GF Score
Mie Corp Co Ltd NGO:3442
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Mie Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (A: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2026 )/Total Assets (A: Mar. 2026 )
=651.193/8438.753
=0.08

Mie Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=651.193/8438.753
=0.08

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.08 mean?
Mie Co (NGO:3442) has a LT-Debt-to-Total-Asset of 0.08 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Mie Co and its competitors.
Is Mie Co's LT-Debt-to-Total-Asset too high?
Mie Co's current LT-Debt-to-Total-Asset is 0.08. Overall, Mie Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mie Co's LT-Debt-to-Total-Asset compare to NUE and STLD?
Mie Co's LT-Debt-to-Total-Asset of 0.08 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Steel company?
A good LT-Debt-to-Total-Asset depends on the Steel industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Mie Co and its competitors. Mie Co's current LT-Debt-to-Total-Asset is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mie Co stock overvalued right now?
Based on GuruFocus' analysis, Mie Co (NGO:3442) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,450.31, compared to a current price of 円1,612.00 — trading 11.1% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.08. Mie Co's overall GF Score™ is 65/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Mie Co (NGO:3442), the current LT-Debt-to-Total-Asset is 0.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mie Co (NGO:3442) Overvalued in 2026?

Based on GuruFocus' analysis, Mie Co stock appears to be overvalued. The current stock price of 円1,612.00 is trading 11.1% above its estimated GF Value™ of 円1,450.31. GuruFocus considers Mie Co to be Modestly Overvalued.

Key valuation signals for NGO:3442:

  • LT-Debt-to-Total-Asset: 0.08
  • GF Value™: 円1,450.31 vs. price of 円1,612.00 (11.1% above fair value)
  • GF Score™: 65/100 with 5 warning signs

No single metric tells the full story. See the NGO:3442 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mie Co Business Description

Address 1001 Oaza Hoshikawa, Mie-ken, Kuwana, JPN, 511-0912
Mie Corp Co Ltd is a Japanese holding company. The company, through its subsidiaries, is engaged in the manufacturing of stainless steel fittings and flanges and the prefabricated piping processing of piping equipment. The products of the company include butt weld type fitting, housing type pipe fitting, and stainless steel pipe flange.
65GF Score

Get the complete analysis for NGO:3442

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,612.00
Price
円1,450.31
GF Value