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Inter Action (TSE:7725) LT-Debt-to-Total-Asset : 0.03 (As of Feb. 2024)


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What is Inter Action 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. Inter Action's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.03.

Inter Action's long-term debt to total assets ratio declined from Feb. 2023 (0.04) to Feb. 2024 (0.03). It may suggest that Inter Action is progressively becoming less dependent on debt to grow their business.


Inter Action LT-Debt-to-Total-Asset Historical Data

The historical data trend for Inter Action'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.

Inter Action LT-Debt-to-Total-Asset Chart

Inter Action Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.03 0.05 0.05 0.04

Inter Action Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.03 0.03 0.03

Inter Action LT-Debt-to-Total-Asset Calculation

Inter Action's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

LT Debt to Total Assets (A: May. 2023 )=Long-Term Debt & Capital Lease Obligation (A: May. 2023 )/Total Assets (A: May. 2023 )
=460.018/12610.159
=0.04

Inter Action's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )/Total Assets (Q: Feb. 2024 )
=321.466/12448.562
=0.03

* 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.


Inter Action  (TSE:7725) 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.


Inter Action LT-Debt-to-Total-Asset Related Terms

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Inter Action (TSE:7725) Business Description

Traded in Other Exchanges
Address
1-1, Fukuura, Kanazawa-ku, Yokohama-shi, Kanagawa-ken, JPN, 236-0004
Inter Action Corp is engaged in IoT related business, environmental energy business which include drying and deodorizing equipment for exhaust gas treatment equipment, and industry 4.0 promotion project which include precision anti-vibration device, 3D modelling design, and gear testing machine.

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