KOIKENSO KOGYO Co (TSE:6137) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is KOIKENSO KOGYO 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. KOIKENSO KOGYO Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

KOIKENSO KOGYO Co's long-term debt to total assets ratio declined from Jun. 2023 (0.03) to Sep. 2024 (0.02). It may suggest that KOIKENSO KOGYO Co is progressively becoming less dependent on debt to grow their business.

KOIKENSO KOGYO Co LT-Debt-to-Total-Asset Historical Data

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

KOIKENSO KOGYO Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.04

0.05

0.04

0.03

0.02

KOIKENSO KOGYO Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.02	0.02	0.02	0.02

KOIKENSO KOGYO Co LT-Debt-to-Total-Asset Calculation

KOIKENSO KOGYO 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 )
	=	1444	/	73476
	=	0.02

KOIKENSO KOGYO 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 )
	=	1322	/	74821
	=

KOIKENSO KOGYO Co (TSE:6137) 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.

KOIKENSO KOGYO Co LT-Debt-to-Total-Asset Related Terms

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KOIKENSO KOGYO Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » KOIKE SANSO KOGYO Co Ltd (TSE:6137) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-8 Taihei, Sumida-ku, Tokyo,, JPN, 130-8691

Website

http://www.koikeox.co.jp

KOIKE SANSO KOGYO Co Ltd is a Japan-based machine manufacturer. The company is engaged in the manufacturing and sale of processing machines and systems for welding and cutting and related products. The products offered by the company include gas equipment, exhaust gas treatment equipment, cutting and welding machine. The company caters its products and services to shipbuilding, steel bridges, construction machinery, industrial machinery, automobiles, electric products, and semiconductor industries. KOIKE SANSO KOGYO sells its products in Japan and overseas market.

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