Okumura (TSE:1833) LT-Debt-to-Total-Asset : 0.07 (As of Sep. 2024)

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What is Okumura 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. Okumura's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.07.

Okumura's long-term debt to total assets ratio declined from Sep. 2023 (0.08) to Sep. 2024 (0.07). It may suggest that Okumura is progressively becoming less dependent on debt to grow their business.

Okumura LT-Debt-to-Total-Asset Historical Data

The historical data trend for Okumura'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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Okumura LT-Debt-to-Total-Asset Chart

Okumura Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.05

0.07

0.08

0.09

0.07

Okumura 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															0.07	0.07	0.07	0.07	0.07

Okumura LT-Debt-to-Total-Asset Calculation

Okumura'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 )
	=	27456	/	384750
	=	0.07

Okumura'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 )
	=	26415	/	373670
	=	0.07

Okumura (TSE:1833) 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.

Okumura LT-Debt-to-Total-Asset Related Terms

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Okumura Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Okumura Corp (TSE:1833) » Definitions » LT-Debt-to-Total-Asset

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Address

2-2-2 Matsuzaki-cho, Abeno-ku, Osaka, JPN, 545-8555

Website

https://www.okumuragumi.co.jp

Okumura Corp conducts civil engineering projects for railways, roads, power-station facilities, water systems, and others. In addition, it constructs houses, public facilities, medical facilities, and office buildings. The company combines technicians, administrative personnel, and technology to supply energy-efficient solutions and modernized structures. Okumura has three operating segments: civil engineering, architectural construction (which contributes the majority of total revenue), and real estate. Its expertise covers the entire project, including planning, design, construction, operation, and maintenance. The majority of sales are derived from Asia, and the company works with customers to create customized solutions.

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