Seiyu kogyo Co (NGO:9170) LT-Debt-to-Total-Asset : 0.30 (As of Mar. 2024)

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What is Seiyu kogyo 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. Seiyu kogyo Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.30.

Seiyu kogyo Co's long-term debt to total assets ratio increased from Sep. 2022 (0.30) to Mar. 2024 (0.30). It may suggest that Seiyu kogyo Co is progressively becoming more dependent on debt to grow their business.

Seiyu kogyo Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Seiyu kogyo 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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Seiyu kogyo Co LT-Debt-to-Total-Asset Chart

Seiyu kogyo Co Annual Data

Trend

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

0.35

0.30

0.32

Seiyu kogyo Co Quarterly Data
	Sep21	Sep22	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.28	0.32	0.30	0.30	-

Seiyu kogyo Co LT-Debt-to-Total-Asset Calculation

Seiyu kogyo Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	3734.066	/	11601.568
	=	0.32

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	4244.751	/	13993.021
	=	0.30

Seiyu kogyo Co (NGO:9170) 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.

Seiyu kogyo Co LT-Debt-to-Total-Asset Related Terms

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Seiyu kogyo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Seiyu kogyo Co Ltd (NGO:9170) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1141-1 Soka, Akiruno, Tokyo, JPN

Website

https://www.seiyukogyo.co.jp

Seiyu kogyo Co Ltd is engaged in the business of construction work, Industrial waste treatment, Contaminated soil treatment, Transportation business and Recycled construction materials production and sales business.

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