Nova System Co (TSE:5257) LT-Debt-to-Total-Asset : 0.09 (As of Dec. 2024)

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What is Nova System 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. Nova System Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.09.

Nova System Co's long-term debt to total assets ratio declined from Sep. 2023 (0.17) to Dec. 2024 (0.09). It may suggest that Nova System Co is progressively becoming less dependent on debt to grow their business.

Nova System Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nova System 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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Nova System Co LT-Debt-to-Total-Asset Chart

Nova System Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.30

0.25

0.16

0.14

0.09

Nova System Co Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.17	0.14	0.14	0.12	0.09

Nova System Co LT-Debt-to-Total-Asset Calculation

Nova System Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	320.032	/	3730.478
	=	0.09

Nova System Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	320.032	/	3730.478
	=

Nova System Co (TSE:5257) 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.

Nova System Co LT-Debt-to-Total-Asset Related Terms

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Nova System Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nova System Co Ltd (TSE:5257) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

1-3-15 Edobori, Shinishihara Building 9th Floor, Nishi-ku, Osaka, Osaka-shi, JPN, 550-0002

Website

https://www.nova-system.com

Nova System Co Ltd is primarily involved in the system integration business mainly for the financial and insurance industry, medical care and cloud service business.

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