Tomen Electronics (TSE:7558) LT-Debt-to-Total-Asset : 0.04 (As of Sep. 2014)

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What is Tomen Electronics 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. Tomen Electronics's long-term debt to total assests ratio for the quarter that ended in Sep. 2014 was 0.04.

Tomen Electronics's long-term debt to total assets ratio increased from Sep. 2013 (0.02) to Sep. 2014 (0.04). It may suggest that Tomen Electronics is progressively becoming more dependent on debt to grow their business.

Tomen Electronics LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tomen Electronics'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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Tomen Electronics LT-Debt-to-Total-Asset Chart

Tomen Electronics Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

LT-Debt-to-Total-Asset

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0.01

0.02

Tomen Electronics Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.02	0.04

Tomen Electronics LT-Debt-to-Total-Asset Calculation

Tomen Electronics's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2014 is calculated as

LT Debt to Total Assets (A: Mar. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2014 )	/	Total Assets (A: Mar. 2014 )
	=	1500	/	80528
	=	0.02

Tomen Electronics's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2014 is calculated as

LT Debt to Total Assets (Q: Sep. 2014 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2014 )	/	Total Assets (Q: Sep. 2014 )
	=	3000	/	83988
	=	0.04

Tomen Electronics (TSE:7558) 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.

Tomen Electronics LT-Debt-to-Total-Asset Related Terms

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Tomen Electronics (TSE:7558) Business Description

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Website

http://www.tomen-ele.co.jp

Tomen Electronics Corporation is an importer, exporter, and distributor of electronic devices which includes semiconductor, storage and communication unit components, software and others. The company is segmented into Automotive; Consumer; Imaging; Information and communications; Industrial Equipment; Power Electronics and Amusement.

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