HKS Co (TSE:7219) LT-Debt-to-Total-Asset : 0.02 (As of Feb. 2025)

View and export this data going back to 1999. Start your Free Trial

What is HKS 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. HKS Co's long-term debt to total assests ratio for the quarter that ended in Feb. 2025 was 0.02.

HKS Co's long-term debt to total assets ratio declined from Nov. 2023 (0.04) to Feb. 2025 (0.02). It may suggest that HKS Co is progressively becoming less dependent on debt to grow their business.

HKS Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for HKS 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.

* Premium members only.

HKS Co LT-Debt-to-Total-Asset Chart

HKS Co Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.05

0.04

0.03

HKS Co Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Feb25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.04	0.04	0.03	0.02

HKS Co LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	411.854	/	13340.581
	=	0.03

HKS Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2025 is calculated as

LT Debt to Total Assets (Q: Feb. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2025 )	/	Total Assets (Q: Feb. 2025 )
	=	311.815	/	12854.113
	=

HKS Co (TSE:7219) 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.

HKS Co LT-Debt-to-Total-Asset Related Terms

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

HKS Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » HKS Co Ltd (TSE:7219) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2266 Kamiide, Shizuoka Prefecture, Fujinomiya, JPN, 418 0192

Website

http://www.hks-power.co.jp

HKS Co Ltd is a Japan-based company engaged in the design, development, and manufacturing of automobile parts including original exhaust systems and suspension, turbocharger, suspensions, electronic parts, and related parts are mainstream. In addition, the company is also involved in the CNG business, Bi-fuel business, LSA engine business and Contract and OEM business. In the CNG business, the company carries out the activity of converting the diesel engine into CNG engine.

HKS Co Headlines

No Headlines