Dmg Mori Co (TSE:6141) LT-Debt-to-Total-Asset : 0.08 (As of Jun. 2024)

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What is Dmg Mori 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. Dmg Mori Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.08.

Dmg Mori Co's long-term debt to total assets ratio increased from Jun. 2023 (0.06) to Jun. 2024 (0.08). It may suggest that Dmg Mori Co is progressively becoming more dependent on debt to grow their business.

Dmg Mori Co LT-Debt-to-Total-Asset Historical Data

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

Dmg Mori Co Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.14

0.12

0.14

0.06

0.07

Dmg Mori Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.07	0.08	0.08	-

Dmg Mori Co LT-Debt-to-Total-Asset Calculation

Dmg Mori Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	52474	/	765806
	=	0.07

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	62665	/	827894
	=	0.08

Dmg Mori Co (TSE:6141) 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.

Dmg Mori Co LT-Debt-to-Total-Asset Related Terms

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Dmg Mori Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dmg Mori Co Ltd (TSE:6141) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

MRSKF:USA 0MO:Germany

Address

2-35-16 Meieki, Nakamura-ku, Aichi, Nagoya City, JPN, 450-0002

Website

https://www.dmgmori.co.jp

Dmg Mori Co Ltd is a manufacturer of machining tools used in various industries. The company specializes in industrial machining tools such as drills, mills, multiple axis turning centers, and CNC machines, as well as laser and ultrasonic cutting machines. Other products are complementary tools and applications to enhance the workplace around industrial machining tools, such as balancing devices and tool-handling devices. The product segments are the 5-axis machines and multipath mills. The end markets are homogeneously split between Germany, the rest of Europe, Asia and China, the Americas, and Japan.

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