GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NCXX Group Inc (TSE:6634) » Definitions » LT-Debt-to-Total-Asset

NCXX Group (TSE:6634) LT-Debt-to-Total-Asset : 0.04 (As of Nov. 2024)


View and export this data going back to 2007. Start your Free Trial

What is NCXX Group 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. NCXX Group's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.04.

NCXX Group's long-term debt to total assets ratio increased from Aug. 2023 (0.00) to Nov. 2024 (0.04). It may suggest that NCXX Group is progressively becoming more dependent on debt to grow their business.


NCXX Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for NCXX Group'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.

NCXX Group LT-Debt-to-Total-Asset Chart

NCXX Group Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.15 - - 0.04

NCXX Group Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 - - 0.01 0.05 0.04

NCXX Group LT-Debt-to-Total-Asset Calculation

NCXX Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2024 is calculated as

LT Debt to Total Assets (A: Nov. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Nov. 2024 )/Total Assets (A: Nov. 2024 )
=207.572/5941.035
=0.03

NCXX Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2024 is calculated as

LT Debt to Total Assets (Q: Nov. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )/Total Assets (Q: Nov. 2024 )
=207.572/5941.035
=

* 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.


NCXX Group  (TSE:6634) 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.


NCXX Group LT-Debt-to-Total-Asset Related Terms

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


NCXX Group Business Description

Traded in Other Exchanges
N/A
Address
2-32-1 Kunuginome, Iwate Prefecture, Hanamaki, JPN, 025-0323
NCXX Group Inc is engaged in the planning, development, and sales of rehabilitation robots, agricultural ICT, and associated or related projects. The company also focuses on management strategy formulation and management of group companies.

NCXX Group Headlines

No Headlines