Shibaura Mechatronics (TSE:6590) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

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What is Shibaura Mechatronics 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. Shibaura Mechatronics's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Shibaura Mechatronics's long-term debt to total assets ratio declined from Sep. 2023 (0.03) to Sep. 2024 (0.01). It may suggest that Shibaura Mechatronics is progressively becoming less dependent on debt to grow their business.

Shibaura Mechatronics LT-Debt-to-Total-Asset Historical Data

The historical data trend for Shibaura Mechatronics'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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Shibaura Mechatronics LT-Debt-to-Total-Asset Chart

Shibaura Mechatronics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.08

0.10

0.07

0.06

0.02

Shibaura Mechatronics 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															0.03	0.03	0.02	-	0.01

Shibaura Mechatronics LT-Debt-to-Total-Asset Calculation

Shibaura Mechatronics'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 )
	=	1680	/	91254
	=	0.02

Shibaura Mechatronics'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 )
	=	973	/	88839
	=	0.01

Shibaura Mechatronics (TSE:6590) 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.

Shibaura Mechatronics LT-Debt-to-Total-Asset Related Terms

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Shibaura Mechatronics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shibaura Mechatronics Corp (TSE:6590) » Definitions » LT-Debt-to-Total-Asset

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SHICF:USA

Address

2-5-1, Kasama, Sakae-ku, Yokohama, Kanagawa, JPN, 247-8610

Website

http://www.shibaura.co.jp

Shibaura Mechatronics Corp is a Japanese infrastructure provider. The company is engaged in the development of manufacturing equipment for flat panel displays, semiconductors, electronic components and optical thin films. Its products include wet cleaning equipment, stripping equipment, advanced reticle etching system, chemical dry etching equipment, automation system, manufacturing equipment, pattern cutting equipment, among others. It also offers various services including maintenance, overhauls, machine management, and repair.

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