Kikusui Chemical Industries Co (TSE:7953) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Kikusui Chemical Industries 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. Kikusui Chemical Industries Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.06.

Kikusui Chemical Industries Co's long-term debt to total assets ratio increased from Jun. 2023 (0.04) to Sep. 2024 (0.06). It may suggest that Kikusui Chemical Industries Co is progressively becoming more dependent on debt to grow their business.

Kikusui Chemical Industries Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kikusui Chemical Industries 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.

Kikusui Chemical Industries Co LT-Debt-to-Total-Asset Chart

Kikusui Chemical Industries 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

0.06

0.05

0.03

0.04

0.05

Kikusui Chemical Industries 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															0.04	0.03	0.03	0.05	0.06

Kikusui Chemical Industries Co LT-Debt-to-Total-Asset Calculation

Kikusui Chemical Industries 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 )
	=	848.999	/	18071.768
	=	0.05

Kikusui Chemical Industries 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 )
	=	1004.486	/	16687.777
	=

Kikusui Chemical Industries Co (TSE:7953) 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.

Kikusui Chemical Industries Co LT-Debt-to-Total-Asset Related Terms

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

Kikusui Chemical Industries Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kikusui Chemical Industries Co Ltd (TSE:7953) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nippon Life Hiroto Road Bldg, 2-19-25, Nishiki, Naka-ku, Nagoya, JPN, 460-0003

Website

http://www.kikusui-chem.co.jp

Kikusui Chemical Industries Co Ltd is a Japan-based company engages in the manufacture and sale of special functional materials/building finishing materials, construction, civil engineering materials, manufacture and sale of machinery and equipment.

Kikusui Chemical Industries Co Headlines

No Headlines