Tsuzuki Denki Co (TSE:8157) LT-Debt-to-Total-Asset : 0.02 (As of Sep. 2024)

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What is Tsuzuki Denki 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. Tsuzuki Denki Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.02.

Tsuzuki Denki Co's long-term debt to total assets ratio declined from Sep. 2023 (0.06) to Sep. 2024 (0.02). It may suggest that Tsuzuki Denki Co is progressively becoming less dependent on debt to grow their business.

Tsuzuki Denki Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tsuzuki Denki 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.

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Tsuzuki Denki Co LT-Debt-to-Total-Asset Chart

Tsuzuki Denki Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.09

0.08

0.02

0.06

Tsuzuki Denki Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.06	0.06	0.02	0.01

Tsuzuki Denki Co LT-Debt-to-Total-Asset Calculation

Tsuzuki Denki 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 )
	=	4830	/	81066
	=	0.06

Tsuzuki Denki 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 )
	=	1809	/	75067
	=	0.02

Tsuzuki Denki Co (TSE:8157) 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.

Tsuzuki Denki Co LT-Debt-to-Total-Asset Related Terms

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Tsuzuki Denki Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tsuzuki Denki Co Ltd (TSE:8157) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Tokyo Art Club Building, 6-19-15 Shinbashi, Minato-ku, Tokyo, JPN, 105-8665

Website

http://www.tsuzuki.co.jp

Tsuzuki Denki Co Ltd engages in provision of information network system solution services. Its electronic devices comprise logic ICs, memory ICs, discrete semiconductors, compound semiconductors, relays, connectors, mouse, display panels, circuit boards, communication modules, and other components. The company's information equipment includes hard disks, PC/servers, printers, and other electronic devices; computer supplies, such as toners, ink ribbons, papers, and data media; computer-related products consisting of PC peripherals and network equipment; stationary/office supplies; and office solutions comprising interior design/construction. The company serves customers in the fields of manufacturing, distribution and services, medical and welfare, public and education, and financial.

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