GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » H-ONE Co Ltd (TSE:5989) » Definitions » LT-Debt-to-Total-Asset

H-ONE Co (TSE:5989) LT-Debt-to-Total-Asset : 0.16 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is H-ONE 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. H-ONE Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.16.

H-ONE Co's long-term debt to total assets ratio increased from Dec. 2022 (0.16) to Dec. 2023 (0.16). It may suggest that H-ONE Co is progressively becoming more dependent on debt to grow their business.


H-ONE Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for H-ONE 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.

H-ONE Co LT-Debt-to-Total-Asset Chart

H-ONE Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.15 0.17 0.17 0.16

H-ONE Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.16 0.16 0.17 0.16

H-ONE Co LT-Debt-to-Total-Asset Calculation

H-ONE Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )/Total Assets (A: Mar. 2023 )
=29559/187315
=0.16

H-ONE Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=29011/180235
=0.16

* 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.


H-ONE Co  (TSE:5989) 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.


H-ONE Co LT-Debt-to-Total-Asset Related Terms

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


H-ONE Co (TSE:5989) Business Description

Traded in Other Exchanges
N/A
Address
11-5, Sakuragi-cho 1-chome, Omiya-ku, Saitama-shi, Saitama, JPN, 3300854
H-ONE Co Ltd manufactures and sells automobile parts, dies and welding equipment, and motorcycle or general-purpose parts. The product portfolio includes - Front bulkhead comp, Front side frame comp, Rear frame comp, Pillar comp, Front wheelhouse comp, and Door beam.

H-ONE Co (TSE:5989) Headlines

No Headlines