Akatsuki Eazima Co (TSE:1997) LT-Debt-to-Total-Asset : 0.04 (As of Aug. 2024)

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What is Akatsuki Eazima 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. Akatsuki Eazima Co's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.04.

Akatsuki Eazima Co's long-term debt to total assets ratio declined from Aug. 2023 (0.07) to Aug. 2024 (0.04). It may suggest that Akatsuki Eazima Co is progressively becoming less dependent on debt to grow their business.

Akatsuki Eazima Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Akatsuki Eazima 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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Akatsuki Eazima Co LT-Debt-to-Total-Asset Chart

Akatsuki Eazima Co Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

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0.08

0.06

0.08

0.07

0.04

Akatsuki Eazima Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.06	0.05	0.05	0.04

Akatsuki Eazima Co LT-Debt-to-Total-Asset Calculation

Akatsuki Eazima Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	404.08	/	10310.141
	=	0.04

Akatsuki Eazima Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	404.08	/	10310.141
	=	0.04

Akatsuki Eazima Co (TSE:1997) 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.

Akatsuki Eazima Co LT-Debt-to-Total-Asset Related Terms

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Akatsuki Eazima Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Akatsuki Eazima Co Ltd (TSE:1997) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Chiba-cho, Ibaraki Prefecture, Mito, JPN, 5770-2770

Website

http://www.eazima.co.jp

Akatsuki Eazima Co Ltd operates in the construction industry. It provides various building services, including the construction of cleaning equipment, plumbing equipment, constant temperature and humidity equipment, among others.

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