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Hitachi CableLtd. (TSE:5812) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2013)


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What is Hitachi CableLtd. 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. Hitachi CableLtd.'s long-term debt to total assests ratio for the quarter that ended in Mar. 2013 was 0.13.

Hitachi CableLtd.'s long-term debt to total assets ratio declined from Mar. 2012 (0.14) to Mar. 2013 (0.13). It may suggest that Hitachi CableLtd. is progressively becoming less dependent on debt to grow their business.

Hitachi CableLtd. LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hitachi CableLtd.'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.

Hitachi CableLtd. LT-Debt-to-Total-Asset Chart

Hitachi CableLtd. Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.07 0.10 0.11 0.14 0.13

Hitachi CableLtd. Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.14 0.13 0.13 0.13 0.13

Hitachi CableLtd. LT-Debt-to-Total-Asset Calculation

Hitachi CableLtd.'s Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2013 is calculated as

LT Debt to Total Assets (A: Mar. 2013 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2013 )/Total Assets (A: Mar. 2013 )
=34000/258577
=0.13

Hitachi CableLtd.'s Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2013 is calculated as

LT Debt to Total Assets (Q: Mar. 2013 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2013 )/Total Assets (Q: Mar. 2013 )
=34000/258577
=0.13

* 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.

Hitachi CableLtd.  (TSE:5812) 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.

Hitachi CableLtd. LT-Debt-to-Total-Asset Related Terms

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