Miura Co (TSE:6005) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

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What is Miura 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. Miura Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

Miura Co's long-term debt to total assets ratio increased from Dec. 2023 (0.02) to Dec. 2024 (0.04). It may suggest that Miura Co is progressively becoming more dependent on debt to grow their business.

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

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

Miura Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.03

0.02

Miura Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	-	0.05	0.04

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

Miura 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 )
	=	4045	/	240962
	=	0.02

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	18811	/	431978
	=	0.04

Miura Co (TSE:6005) 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.

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

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Miura Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Miura Co Ltd (TSE:6005) » Definitions » LT-Debt-to-Total-Asset

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Address

7 Horie-cho, Matsuyama, Ehime, JPN, 799-2696

Website

http://www.miuraz.co.jp

Miura Co Ltd is a Japan based company engaged in production, sale, and maintenance of small once-through boilers, marine boilers, exhaust gas boilers, water treatment equipment, food processing equipment, sterilizers, and chemicals, environmental certification, among others.

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