Ray (TSE:4317) LT-Debt-to-Total-Asset: 0.01 (As of Feb. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4317 Ray Corp TSE:4317
69 GF Score
Price 円493.00
GF Value 円422.90
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Ray LT-Debt-to-Total-Asset?

Ray TSE:4317 +1.65% 69 LT-Debt-to-Total-Asset is 0.01 as of Feb. 2026. GuruFocus rates TSE:4317 with a GF Score™ of 69/100 and a GF Value™ of 円422.90 (Modestly Overvalued). The stock has 2 warning signs investors should review.

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. Ray's long-term debt to total assests ratio for the quarter that ended in Feb. 2026 was 0.01.

Ray's long-term debt to total assets ratio declined from Feb. 2025 (0.01) to Feb. 2026 (0.01). It may suggest that Ray is progressively becoming less dependent on debt to grow their business.

Ray  (TSE:4317) 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.

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

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

* Premium members only.

The historical data trend for Ray'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.

Ray LT-Debt-to-Total-Asset Chart

Ray Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.02 0.01 0.01 0.01

Ray Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.02 0.01 0.01 0.01
TSE:4317
69GF Score
Ray Corp TSE:4317
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Ray LT-Debt-to-Total-Asset Calculation

Ray's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2026 is calculated as

LT Debt to Total Assets (A: Feb. 2026 )=Long-Term Debt & Capital Lease Obligation (A: Feb. 2026 )/Total Assets (A: Feb. 2026 )
=100.777/10906.533
=0.01

Ray's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2026 is calculated as

LT Debt to Total Assets (Q: Feb. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2026 )/Total Assets (Q: Feb. 2026 )
=100.777/10906.533
=0.01

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.01 mean?
Ray (TSE:4317) has a LT-Debt-to-Total-Asset of 0.01 as of Feb. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ray and its competitors.
Is Ray's LT-Debt-to-Total-Asset too high?
Ray's current LT-Debt-to-Total-Asset is 0.01. Overall, Ray has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ray's LT-Debt-to-Total-Asset compare to NFLX and DIS?
Ray's LT-Debt-to-Total-Asset of 0.01 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Media - Diversified company?
A good LT-Debt-to-Total-Asset depends on the Media - Diversified industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Ray and its competitors. Ray's current LT-Debt-to-Total-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray stock overvalued right now?
Based on GuruFocus' analysis, Ray (TSE:4317) is currently considered Modestly Overvalued. The stock's GF Value™ is 円422.90, compared to a current price of 円493.00 — trading 16.6% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.01. Ray's overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Ray (TSE:4317), the current LT-Debt-to-Total-Asset is 0.01 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ray (TSE:4317) Overvalued in 2026?

Based on GuruFocus' analysis, Ray stock appears to be overvalued. The current stock price of 円493.00 is trading 16.6% above its estimated GF Value™ of 円422.90. GuruFocus considers Ray to be Modestly Overvalued.

Key valuation signals for TSE:4317:

  • LT-Debt-to-Total-Asset: 0.01
  • GF Value™: 円422.90 vs. price of 円493.00 (16.6% above fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the TSE:4317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ray Business Description

Address 6-15-21 Roppongi, Hakus Roppongi Building, Minato-ku, Tokyo, JPN, 106-0032
Ray Corp is a Japan-based advertising company that operates in two business segments. The Advertising Solution segment has two divisions: the SP and event division, which handles planning and production of sales promotions, campaigns, expos, and showrooms; and the TVCM division, which creates TV commercials and promotional videos. The Technical Solution segment includes a video equipment rental division for events and business presentations, and a post-production division offering video editing, DVD/Blu-ray, and CG production services.
69GF Score

Get the complete analysis for TSE:4317

LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円493.00
Price
円422.90
GF Value