Nippon Filcon Co (TSE:5942) LT-Debt-to-Total-Asset : 0.08 (As of Nov. 2024)

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What is Nippon Filcon 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. Nippon Filcon Co's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.08.

Nippon Filcon Co's long-term debt to total assets ratio declined from Aug. 2023 (0.11) to Nov. 2024 (0.08). It may suggest that Nippon Filcon Co is progressively becoming less dependent on debt to grow their business.

Nippon Filcon Co LT-Debt-to-Total-Asset Historical Data

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

Nippon Filcon Co Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

LT-Debt-to-Total-Asset

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0.09

0.10

0.09

0.08

Nippon Filcon Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.08	0.08	0.09	0.08

Nippon Filcon Co LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2024 )	/	Total Assets (A: Nov. 2024 )
	=	3529.505	/	43219.636
	=	0.08

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

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	3529.505	/	43219.636
	=

Nippon Filcon Co (TSE:5942) 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.

Nippon Filcon Co LT-Debt-to-Total-Asset Related Terms

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Nippon Filcon Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nippon Filcon Co Ltd (TSE:5942) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Inagi Daimaru 2220, Yubinbango, Tokyo, JPN, 206-8577

Website

http://www.filcon.co.jp

Nippon Filcon Co Ltd is a Japan-based company. Its business activities are divided into four divisions including industrial functional filter business, electronic components business, environment and water treatment-related business and real estate leasing business. The company manufactures and sales precision processed products by photo fabrication and various other manufacturing methods. Its environment and water treatment-related business designs and sales water treatment equipment, environmental preservation equipment and various related equipment. Real estate leasing business leases and manages lodging, sports and entertainment facilities.

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