Yasuhara Chemical Co (TSE:4957) LT-Debt-to-Total-Asset : 0.09 (As of Sep. 2024)

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What is Yasuhara Chemical Co 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. Yasuhara Chemical Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.09.

Yasuhara Chemical Co's long-term debt to total assets ratio declined from Jun. 2023 (0.13) to Sep. 2024 (0.09). It may suggest that Yasuhara Chemical Co is progressively becoming less dependent on debt to grow their business.

Yasuhara Chemical Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Yasuhara Chemical Co'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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Yasuhara Chemical Co LT-Debt-to-Total-Asset Chart

Yasuhara Chemical Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.14

0.09

0.04

0.15

0.11

Yasuhara Chemical Co 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															0.13	0.12	0.12	0.11	0.09

Yasuhara Chemical Co LT-Debt-to-Total-Asset Calculation

Yasuhara Chemical Co'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 )
	=	2949	/	27223
	=	0.11

Yasuhara Chemical Co'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 )
	=	2399	/	26818
	=

Yasuhara Chemical Co (TSE:4957) 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.

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Yasuhara Chemical Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Yasuhara Chemical Co Ltd (TSE:4957) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

1080 Takagi-cho, Hiroshima, JPN, 726-8632

Website

https://www.yschem.co.jp

Yasuhara Chemical Co Ltd is a Japan-based chemical manufacturer. The company is mainly engaged in the manufacturing and sale of resin and adhesives. It offers products in three categories including terpene resin that is used in tires, pharmaceuticals, and molded plastic products; hot melt adhesive is suitable for easy peel able lids, packaging, filters, sealants and other applications; and other chemical products include specialty chemicals used as fragrance ingredients as well as in a variety of industries including the IT and electronics industries. Its product portfolio includes terpene phenolic resin, styrene resin, hydrogenated terpene resin, and aromatic modified terpene resin.

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