Daiseki Eco Solution Co (TSE:1712) LT-Debt-to-Total-Asset : 0.13 (As of Feb. 2024)

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What is Daiseki Eco Solution 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. Daiseki Eco Solution Co's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.13.

Daiseki Eco Solution Co's long-term debt to total assets ratio increased from Feb. 2023 (0.06) to Feb. 2024 (0.13). It may suggest that Daiseki Eco Solution Co is progressively becoming more dependent on debt to grow their business.

Daiseki Eco Solution Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Daiseki Eco Solution 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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Daiseki Eco Solution Co LT-Debt-to-Total-Asset Chart

Daiseki Eco Solution Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.15

0.12

0.06

0.13

Daiseki Eco Solution 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															0.06	0.14	0.14	0.13	0.13

Daiseki Eco Solution Co LT-Debt-to-Total-Asset Calculation

Daiseki Eco Solution 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 )
	=	3410	/	27351
	=	0.12

Daiseki Eco Solution 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 )
	=	3410	/	27351
	=	0.12

Daiseki Eco Solution Co (TSE:1712) 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.

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Daiseki Eco Solution Co (TSE:1712) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Daiseki Eco Solution Co Ltd (TSE:1712) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Funami-cho 1-86, Minato-ku, Nagoya-shi, JPN, 455-0027

Website

http://www.daiseki-eco.co.jp

Daiseki Eco Solution Co Ltd is engaged in soil contamination surveys, contaminated soil remediation, industrial waste collection and processing, environmental analysis, recycling of mercury, environmental consulting, and recycling of plasterboard in Japan.

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