Taiyo Technolex Co (TSE:6663) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2024)

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What is Taiyo Technolex 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. Taiyo Technolex Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.07.

Taiyo Technolex Co's long-term debt to total assets ratio declined from Sep. 2023 (0.10) to Dec. 2024 (0.07). It may suggest that Taiyo Technolex Co is progressively becoming less dependent on debt to grow their business.

Taiyo Technolex Co LT-Debt-to-Total-Asset Historical Data

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

Taiyo Technolex Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.08

0.10

0.09

0.07

Taiyo Technolex Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.09	0.08	0.09	0.07

Taiyo Technolex Co LT-Debt-to-Total-Asset Calculation

Taiyo Technolex Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	321.746	/	4543.687
	=	0.07

Taiyo Technolex 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 )
	=	321.746	/	4543.687
	=

Taiyo Technolex Co (TSE:6663) 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.

Taiyo Technolex Co LT-Debt-to-Total-Asset Related Terms

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Taiyo Technolex Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Taiyo Technolex Co Ltd (TSE:6663) » Definitions » LT-Debt-to-Total-Asset

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Address

661, Arimoto, Wakayama, JPN, 640-8390

Website

http://www.taiyo-xelcom.co.jp

Taiyo Technolex Co Ltd is a contract manufacturer in Japan. The company is involved in manufacture engraving and plating of various printing rolls, manufacture, engraving and plating of other rolls Manufacture and engraving of various stencils manufacture and processing of various building materials Sales of equipment related to the preceding items and manufacture and sale of various interior-related products.

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