Ichimasa Kamaboko Co (TSE:2904) LT-Debt-to-Total-Asset : 0.22 (As of Dec. 2024)

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What is Ichimasa Kamaboko 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. Ichimasa Kamaboko Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.22.

Ichimasa Kamaboko Co's long-term debt to total assets ratio declined from Sep. 2023 (0.26) to Dec. 2024 (0.22). It may suggest that Ichimasa Kamaboko Co is progressively becoming less dependent on debt to grow their business.

Ichimasa Kamaboko Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ichimasa Kamaboko 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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Ichimasa Kamaboko Co LT-Debt-to-Total-Asset Chart

Ichimasa Kamaboko Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.15

0.09

0.11

0.18

0.25

Ichimasa Kamaboko Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.26	0.22	0.27	0.25	0.22

Ichimasa Kamaboko Co LT-Debt-to-Total-Asset Calculation

Ichimasa Kamaboko Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	7736.965	/	31392.883
	=	0.25

Ichimasa Kamaboko Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	7463.443	/	34074.098
	=

Ichimasa Kamaboko Co (TSE:2904) 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.

Ichimasa Kamaboko Co LT-Debt-to-Total-Asset Related Terms

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Ichimasa Kamaboko Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ichimasa Kamaboko Co Ltd (TSE:2904) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

7-77 Tsushimaya, Niigata, JPN, 950-8735

Website

http://www.ichimasa.co.jp

Ichimasa Kamaboko Co Ltd is a Japan-based food manufacturing company. It produces and sells fish paste and fish related products. It offers processed egg products. It is also developing technology for frozen fish paste.

Ichimasa Kamaboko Co Headlines

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