Shinwa Wise Holdings Co (TSE:2437) LT-Debt-to-Total-Asset : 0.05 (As of May. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Shinwa Wise Holdings 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. Shinwa Wise Holdings Co's long-term debt to total assests ratio for the quarter that ended in May. 2024 was 0.05.

Shinwa Wise Holdings Co's long-term debt to total assets ratio stayed the same from May. 2023 (0.05) to May. 2024 (0.05).

Shinwa Wise Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shinwa Wise Holdings 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.

* Premium members only.

Shinwa Wise Holdings Co LT-Debt-to-Total-Asset Chart

Shinwa Wise Holdings Co Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.06

0.10

0.07

0.05

Shinwa Wise Holdings Co Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.06	0.05	0.05	0.05

Shinwa Wise Holdings Co LT-Debt-to-Total-Asset Calculation

Shinwa Wise Holdings Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2024 is calculated as

LT Debt to Total Assets (A: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2024 )	/	Total Assets (A: May. 2024 )
	=	202.573	/	4238.78
	=	0.05

Shinwa Wise Holdings Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2024 is calculated as

LT Debt to Total Assets (Q: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2024 )	/	Total Assets (Q: May. 2024 )
	=	202.573	/	4238.78
	=	0.05

Shinwa Wise Holdings Co (TSE:2437) 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.

Shinwa Wise Holdings Co LT-Debt-to-Total-Asset Related Terms

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

Shinwa Wise Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Shinwa Wise Holdings Co Ltd (TSE:2437) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-4-12 Ginza, Chuo-ku, Ginza Medical Building, Tokyo, JPN, 104-0061

Website

https://www.shinwa-wise.com

Shinwa Wise Holdings Co Ltd is engaged in arranging & operating auctions and buying and selling antiques, consignment selling, export-import activities. Its auctions include the modern art auction, modern ceramics, auction, modern art PartII auction, other auctions such as post-war and contemporary art, wine, European decorative art.

Shinwa Wise Holdings Co Headlines

No Headlines