Ecology and Combustion (NGO:6225) LT-Debt-to-Total-Asset : 0.04 (As of Jan. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Ecology and Combustion 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. Ecology and Combustion's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.04.

Ecology and Combustion's long-term debt to total assets ratio declined from Jan. 2023 (0.06) to Jan. 2024 (0.04). It may suggest that Ecology and Combustion is progressively becoming less dependent on debt to grow their business.

Ecology and Combustion LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ecology and Combustion'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.

Ecology and Combustion LT-Debt-to-Total-Asset Chart

Ecology and Combustion Annual Data

Trend

Jul22

Jul23

LT-Debt-to-Total-Asset

0.06

0.05

Ecology and Combustion Quarterly Data
	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.06	0.05	0.05	0.05	0.04

Ecology and Combustion LT-Debt-to-Total-Asset Calculation

Ecology and Combustion's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (A: Jul. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2023 )	/	Total Assets (A: Jul. 2023 )
	=	192.84	/	4032.707
	=	0.05

Ecology and Combustion's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	171.408	/	3992.765
	=	0.04

Ecology and Combustion (NGO:6225) 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.

Ecology and Combustion LT-Debt-to-Total-Asset Related Terms

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

Ecology and Combustion (NGO:6225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ecology and Combustion Inc (NGO:6225) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-5-6 Shinmiyakoda (Hamamatsu Technopolis), Kita-Ku, Hamamatsu, JPN, 4312103

Website

https://www.ecom-jp.co.jp

Ecology and Combustion Inc is engaged in the development, design, manufacture and maintenance of heating equipment. It develops, design, manufacture, and maintain deodorizing equipment, aluminum melting/holding furnaces, drying furnaces, heat treatment furnaces, and burners.

Ecology and Combustion (NGO:6225) Headlines

No Headlines