Nousouken (TSE:3541) LT-Debt-to-Total-Asset : 0.11 (As of Aug. 2024)

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What is Nousouken 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. Nousouken's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.11.

Nousouken's long-term debt to total assets ratio declined from Aug. 2023 (0.12) to Aug. 2024 (0.11). It may suggest that Nousouken is progressively becoming less dependent on debt to grow their business.

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

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

Nousouken Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

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0.05

0.15

0.14

0.12

0.11

Nousouken 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															0.12	0.11	0.12	0.11	0.11

Nousouken LT-Debt-to-Total-Asset Calculation

Nousouken'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 )
	=	281.235	/	2665.433
	=	0.11

Nousouken'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 )
	=	281.235	/	2665.433
	=	0.11

Nousouken (TSE:3541) 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.

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

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Nousouken Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Nousouken Corp (TSE:3541) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

99-12 Kuroda, 4th Floor, Teramoto Building II, Wakayama Prefecture, Wakayama, JPN, 640-8341

Website

https://www.nousouken.co.jp

Nousouken Corp provides an agricultural product distribution platform that directly connects various collection points and logistics centers across Japan. The company's reportable segments are Farmers' Direct Sales and Direct Wholesale. Maximum revenue is generated from the Farmers' Direct sales segment, a distribution platform business that delivers and sells fresh agricultural produce collected at collection centers across the country to in-shops (farmers' direct sales stores) set up in urban supermarkets. The Direct Wholesale segment is a wholesale business in which the company purchases agricultural products directly from producers, brands them, and then wholesale them to supermarkets.

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