Hi-Lex (TSE:7279) LT-Debt-to-Total-Asset : 0.01 (As of Oct. 2024)

View and export this data going back to 1977. Start your Free Trial

What is Hi-Lex 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. Hi-Lex's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.01.

Hi-Lex's long-term debt to total assets ratio stayed the same from Oct. 2023 (0.01) to Oct. 2024 (0.01).

Hi-Lex LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hi-Lex'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.

Hi-Lex LT-Debt-to-Total-Asset Chart

Hi-Lex Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Oct24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

Hi-Lex Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	-	0.01	0.01	0.01

Hi-Lex LT-Debt-to-Total-Asset Calculation

Hi-Lex's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (A: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2024 )	/	Total Assets (A: Oct. 2024 )
	=	1423	/	270260
	=	0.01

Hi-Lex's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	1423	/	270260
	=	0.01

Hi-Lex (TSE:7279) 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.

Hi-Lex LT-Debt-to-Total-Asset Related Terms

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

Hi-Lex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hi-Lex Corp (TSE:7279) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-28 Sakae-cho, Sakaemachi, Hyogo, Takarazuka, JPN, 665-0845

Website

http://www.hi-lex.co.jp

Hi-Lex Corp is a Japanese company specialized in three segments: automobiles and industrial equipment, medical equipment, and a metal mold business. The automobiles equipment segment offers control cables, window regulators, sliding window systems, door modules, and others. The industrial equipment includes control boxes, steering systems, control cables for marine vessels, accelerator and assist cables for construction and industrial equipment, toilet seat elevators, and air conditioning grill raising and lowering systems for welfare and home.

Hi-Lex Headlines

No Headlines