Ecomott (TSE:3987) LT-Debt-to-Total-Asset : 0.14 (As of Feb. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Ecomott 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. Ecomott's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.14.

Ecomott's long-term debt to total assets ratio declined from Feb. 2023 (0.22) to Feb. 2024 (0.14). It may suggest that Ecomott is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Ecomott'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.

Ecomott LT-Debt-to-Total-Asset Chart

Ecomott Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Aug21

Aug22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.34

0.14

0.12

0.15

Ecomott Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	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															0.22	0.21	0.19	0.16	0.14

Ecomott LT-Debt-to-Total-Asset Calculation

Ecomott's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2022 is calculated as

LT Debt to Total Assets (A: Aug. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2022 )	/	Total Assets (A: Aug. 2022 )
	=	288.001	/	1871.622
	=	0.15

Ecomott'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 )
	=	336.64	/	2418.879
	=	0.14

Ecomott (TSE:3987) 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.

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

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

Ecomott (TSE:3987) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ecomott Inc (TSE:3987) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-2 Kita 1-jo Higashi 2-chome, Chuo-ku, Hokkaido, Sapporo, JPN, 060-0031

Website

https://www.ecomott.co.jp

Ecomott Inc provides internet of things platform solutions that connects devices and systems. It offers a range of connectivity-driven technologies capable of solving real-world issues in a wide variety of industries.

Ecomott (TSE:3987) Headlines

No Headlines