Hokuriku Electric Industry Co (TSE:6989) LT-Debt-to-Total-Asset: 0.11 (As of Mar. 2026)

What is Hokuriku Electric Industry Co LT-Debt-to-Total-Asset?

Hokuriku Electric Industry Co TSE:6989 -4.66% 64 LT-Debt-to-Total-Asset is 0.11 as of Mar. 2026. GuruFocus rates TSE:6989 with a GF Score™ of 64/100 and a GF Value™ of 円1,561.31 (Significantly Overvalued). The stock has 5 warning signs investors should review.

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. Hokuriku Electric Industry Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.11.

Hokuriku Electric Industry Co's long-term debt to total assets ratio declined from Mar. 2025 (0.13) to Mar. 2026 (0.11). It may suggest that Hokuriku Electric Industry Co is progressively becoming less dependent on debt to grow their business.

Hokuriku Electric Industry Co (TSE:6989) 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.

Hokuriku Electric Industry Co LT-Debt-to-Total-Asset Related Terms

Hokuriku Electric Industry Co LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Hokuriku Electric Industry 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.

Hokuriku Electric Industry Co LT-Debt-to-Total-Asset Chart

Hokuriku Electric Industry Co Annual Data

Trend

Mar17

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Mar26

LT-Debt-to-Total-Asset

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0.13

0.14

0.13

0.11

Hokuriku Electric Industry Co Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.11	0.13	0.10	0.11

64GF Score

Hokuriku Electric Industry Co Ltd TSE:6989

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Hokuriku Electric Industry Co LT-Debt-to-Total-Asset Calculation

Hokuriku Electric Industry Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (A: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2026 )	/	Total Assets (A: Mar. 2026 )
	=	5251	/	46177
	=	0.11

Hokuriku Electric Industry Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	5251	/	46177
	=	0.11

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.11 mean?

Hokuriku Electric Industry Co (TSE:6989) has a LT-Debt-to-Total-Asset of 0.11 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Hokuriku Electric Industry Co and its competitors.

Is Hokuriku Electric Industry Co's LT-Debt-to-Total-Asset too high?

Hokuriku Electric Industry Co's current LT-Debt-to-Total-Asset is 0.11. Overall, Hokuriku Electric Industry Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Hokuriku Electric Industry Co's LT-Debt-to-Total-Asset compare to APH and GLW?

Hokuriku Electric Industry Co's LT-Debt-to-Total-Asset of 0.11 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a Hardware company?

A good LT-Debt-to-Total-Asset depends on the Hardware industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Hokuriku Electric Industry Co and its competitors. Hokuriku Electric Industry Co's current LT-Debt-to-Total-Asset is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hokuriku Electric Industry Co stock overvalued right now?

Based on GuruFocus' analysis, Hokuriku Electric Industry Co (TSE:6989) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,561.31, compared to a current price of 円2,620.00 — trading 67.8% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.11. Hokuriku Electric Industry Co's overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Hokuriku Electric Industry Co (TSE:6989), the current LT-Debt-to-Total-Asset is 0.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hokuriku Electric Industry Co (TSE:6989) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuriku Electric Industry Co stock appears to be overvalued. The current stock price of 円2,620.00 is trading 67.8% above its estimated GF Value™ of 円1,561.31. GuruFocus considers Hokuriku Electric Industry Co to be Significantly Overvalued.

Key valuation signals for TSE:6989:

LT-Debt-to-Total-Asset: 0.11
GF Value™: 円1,561.31 vs. price of 円2,620.00 (67.8% above fair value)
GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the TSE:6989 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hokuriku Electric Industry Co Business Description

Industry Technology Hardware

Comparable Companies TSE:6626 TSE:7725 TSE:6798 TSE:6928 TSE:7713 TSE:4251 TSE:7927 TSE:6986 TSE:6298 TSE:6629 APH GLW TPE:2308 TSE:6981 TPE:2317 XKRX:009150 SZSE:002475 SZSE:002384 TPE:2327 SHSE:600183

Address 3158 Shimo-okubo, Toyama, JPN, 939-2292

Website http://www.hdk.co.jp

Hokuriku Electric Industry Co Ltd operates in development, manufacturing and sales of electronic components such as Resistors, Sensors, Modules Printed Circuit Boards, Piezoelectric Buzzers, Tactile Switches, Thermistors and Varistors.

64GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,620.00

Price

円1,561.31

GF Value

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