Sanyo Special Steel Co (TSE:5481) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2024)

View and export this data going back to 1985. Start your Free Trial

What is Sanyo Special Steel 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. Sanyo Special Steel Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

Sanyo Special Steel Co's long-term debt to total assets ratio declined from Sep. 2023 (0.05) to Sep. 2024 (0.04). It may suggest that Sanyo Special Steel Co is progressively becoming less dependent on debt to grow their business.

Sanyo Special Steel Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sanyo Special Steel 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.

* Premium members only.

Sanyo Special Steel Co LT-Debt-to-Total-Asset Chart

Sanyo Special Steel Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.11

0.07

0.08

0.05

0.04

Sanyo Special Steel Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.03	0.04	-	0.04

Sanyo Special Steel Co LT-Debt-to-Total-Asset Calculation

Sanyo Special Steel 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 )
	=	16300	/	398706
	=	0.04

Sanyo Special Steel 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 )
	=	16000	/	387437
	=	0.04

Sanyo Special Steel Co (TSE:5481) 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.

Sanyo Special Steel Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Sanyo Special Steel Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Sanyo Special Steel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sanyo Special Steel Co Ltd (TSE:5481) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3007 Nakashima, Shikama-Ku, Himeji, Hyogo-ken, JPN, 672-8677

Website

http://www.sanyo-steel.co.jp

Sanyo Special Steel Co Ltd is a Japan-based company that primarily operates through three segments. Its specialty steel segment manufactures and sells various special steel products including bearing steel, engineering steel, stainless steel, heat resistant steel and tool steel. The company's special materials segment manufactures and sells heat-/corrosion-resistant alloys and powder metallurgy products, among others. The formed and fabricated materials segment manufactures high-quality formed and fabricated materials. The company's products are used in automobiles, industrial machinery, railways, and wind-power generation equipment. Japan and Asia excluding Japan are the company's top two markets, jointly accounting for the majority of the company's sales.

Sanyo Special Steel Co Headlines

No Headlines