Sanrin Co (TSE:7486) LT-Debt-to-Total-Asset : 0.01 (As of Sep. 2024)

View and export this data going back to 1996. Start your Free Trial

What is Sanrin 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. Sanrin Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.01.

Sanrin Co's long-term debt to total assets ratio declined from Jun. 2023 (0.02) to Sep. 2024 (0.01). It may suggest that Sanrin Co is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Sanrin 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.

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

Sanrin Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.01

Sanrin Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.01	0.01	0.01

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

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

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	349	/	27770
	=	0.01

Sanrin Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	320	/	26870
	=

Sanrin Co (TSE:7486) 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.

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

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

Sanrin Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sanrin Co Ltd (TSE:7486) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shimotsucho 4082 - 3, Yamagata Mura, Yamagata Village, Nagano, JPN, 390-1393

Website

http://www.sanrinkk.co.jp

Sanrin Co Ltd is a Japanese company engaged in the oil sales business and Liquefied petroleum gas (LPG) sales business. It is involved in the sale of pea coal briquettes; petroleum, including gasoline, kerosene diesel oil, and other lubricants; and LPG for industrial and commercial, households and automotive purposes. In addition, the company is also involved in the construction business such as roof construction and tube construction, high-pressure gas manufacturing industry, and retail electricity utility.

Sanrin Co Headlines

No Headlines