Takagi Seiko (TSE:4242) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Takagi Seiko 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. Takagi Seiko's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

Takagi Seiko's long-term debt to total assets ratio declined from Jun. 2023 (0.06) to Sep. 2024 (0.03). It may suggest that Takagi Seiko is progressively becoming less dependent on debt to grow their business.

Takagi Seiko LT-Debt-to-Total-Asset Historical Data

The historical data trend for Takagi Seiko'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.

Takagi Seiko LT-Debt-to-Total-Asset Chart

Takagi Seiko Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.14

0.15

0.09

0.06

0.04

Takagi Seiko Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.05	0.04	0.04	0.03

Takagi Seiko LT-Debt-to-Total-Asset Calculation

Takagi Seiko's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	1498	/	39901
	=	0.04

Takagi Seiko's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	991	/	38230
	=

Takagi Seiko (TSE:4242) 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.

Takagi Seiko LT-Debt-to-Total-Asset Related Terms

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

Takagi Seiko Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Takagi Seiko Corp (TSE:4242) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

322-3, Futazuka, Toyama Prefecture, Takaoka, JPN, 933-8628

Website

http://www.takagi-seiko.co.jp

Takagi Seiko Corp is engaged in the manufacture and sale of plastic products, plastic molding, metal press products, and engineering work like product design and technical support. The business of the company includes vehicle business, OA business, and communication equipment business.

Takagi Seiko Headlines

No Headlines