Tabio (TSE:2668) LT-Debt-to-Total-Asset : 0.05 (As of Feb. 2024)

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What is Tabio 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. Tabio's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.05.

Tabio's long-term debt to total assets ratio declined from Feb. 2023 (0.08) to Feb. 2024 (0.05). It may suggest that Tabio is progressively becoming less dependent on debt to grow their business.

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

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

Tabio Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.03

0.13

0.10

0.08

0.05

Tabio 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															0.08	0.04	0.03	0.02	0.05

Tabio LT-Debt-to-Total-Asset Calculation

Tabio'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 )
	=	383.009	/	7680.247
	=	0.05

Tabio'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 )
	=	383.009	/	7680.247
	=	0.05

Tabio (TSE:2668) 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.

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

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Tabio (TSE:2668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Tabio Corp (TSE:2668) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Osaka-shi Nanbanaka chome 10 Number 70 Number, Namba Parks in Parks Tower 16F, Naniwa-ku, Osaka, JPN, 556-0011

Website

http://www.tabio.com

Tabio Corp is a Japan-based company engaged in the planning, manufacturing, wholesale, and retail of socks, hosiery, and tights. The company also offers pantyhose/stockings, leggings, leg warmers, rubber mouth looses, and other related products.

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