Takamisawa Co (TSE:5283) LT-Debt-to-Total-Asset : 0.13 (As of Jun. 2024)

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What is Takamisawa 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. Takamisawa Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.13.

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

Takamisawa Co LT-Debt-to-Total-Asset Historical Data

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

Takamisawa Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.17

0.16

0.15

0.13

Takamisawa Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.13	0.13	0.12	0.11	0.13

Takamisawa Co LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	5057	/	39365
	=	0.13

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	5057	/	39365
	=	0.13

Takamisawa Co (TSE:5283) 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.

Takamisawa Co LT-Debt-to-Total-Asset Related Terms

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Takamisawa Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Takamisawa Co Ltd (TSE:5283) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

1605-14 Midori Nagano-shi, 7th floor, Takamisawa diamond building, Nagano Prefecture, Nagano, JPN, 380-0813

Website

http://www.kk-takamisawa.co.jp

Takamisawa Co Ltd is a Japanese based company operating in the businesses of construction, electrical construction material, car life, and housing and lifestyle. In the Construction business, the company manufactures and sells secondary concrete products, ready-mixed concrete, sand, gravel, and cement. It is also engaged in the civil engineering and construction, and infrastructure development of mansion, ports and harbors, among others.

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