Kumiai Chemical Industry Co (TSE:4996) LT-Debt-to-Total-Asset : 0.07 (As of Oct. 2024)

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What is Kumiai Chemical Industry 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. Kumiai Chemical Industry Co's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.07.

Kumiai Chemical Industry Co's long-term debt to total assets ratio increased from Oct. 2023 (0.04) to Oct. 2024 (0.07). It may suggest that Kumiai Chemical Industry Co is progressively becoming more dependent on debt to grow their business.

Kumiai Chemical Industry Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kumiai Chemical Industry 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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Kumiai Chemical Industry Co LT-Debt-to-Total-Asset Chart

Kumiai Chemical Industry Co Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

LT-Debt-to-Total-Asset

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0.06

0.10

0.06

0.04

0.07

Kumiai Chemical Industry Co Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.09	0.08	0.07	0.07

Kumiai Chemical Industry Co LT-Debt-to-Total-Asset Calculation

Kumiai Chemical Industry Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (A: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2024 )	/	Total Assets (A: Oct. 2024 )
	=	19252	/	275474
	=	0.07

Kumiai Chemical Industry Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	19252	/	275474
	=	0.07

Kumiai Chemical Industry Co (TSE:4996) 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.

Kumiai Chemical Industry Co LT-Debt-to-Total-Asset Related Terms

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Kumiai Chemical Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Kumiai Chemical Industry Co Ltd (TSE:4996) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

4-26, Ikenohata 1-chome, Taito-ku, Tokyo, JPN, 110-8782

Website

http://www.kumiai-chem.co.jp

Kumiai Chemical Industry Co Ltd is a crop protection company that has three business segments: Chemical products, Lease, and Others. The Chemical Products segment engages in the synthesis, manufacture and sale of crop protection products to the agriculture industry. The firm's product portfolio includes insecticides, herbicides, fungicides, plant growth regulators, and other pesticides. The Chemical products segment also accounts for nearly all of the firm's revenue and operating profits. The firm is based in Japan and generates revenue in over 50 countries throughout the world.

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