KEIWA (TSE:4251) LT-Debt-to-Total-Asset : 0.09 (As of Mar. 2024)

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What is KEIWA 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. KEIWA's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.09.

KEIWA's long-term debt to total assets ratio declined from Mar. 2023 (0.12) to Mar. 2024 (0.09). It may suggest that KEIWA is progressively becoming less dependent on debt to grow their business.

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

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

KEIWA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.25

0.22

0.16

0.12

0.09

KEIWA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.11	0.09	0.09	0.09

KEIWA LT-Debt-to-Total-Asset Calculation

KEIWA's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	2714.321	/	29267.412
	=	0.09

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	2423.521	/	28557.482
	=	0.08

KEIWA (TSE:4251) 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.

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

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KEIWA (TSE:4251) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » KEIWA Inc (TSE:4251) » Definitions » LT-Debt-to-Total-Asset

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Address

3rd Floor, Sumitomo Life Insurance Kayabacho Building, 2-10-5 Nihonbashi Kayabacho, Chuo-ku, Tokyo, JPN, 103-0025

Website

https://www.keiwa.co.jp

KEIWA Inc is a Japanese based company involved in the optical sheet and functional product business. The optical sheet business includes components of special optical films such as light diffusion sheets and condensing film protective films used in backlight units for liquid crystal displays such as smartphones, whereas the Functional product includes industrial packaging materials with specific functions (moisture resistance, heat resistance, durability), clean energy materials, and other industrial materials such as building materials and agricultural materials.

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