ASNOVA Co (TSE:9223) LT-Debt-to-Total-Asset: 0.40 (As of Mar. 2026)

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TSE:9223 ASNOVA Co Ltd TSE:9223
30 GF Score
Price 円402.00
! 7 Warning Signs
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What is ASNOVA Co LT-Debt-to-Total-Asset?

ASNOVA Co TSE:9223 -0.50% 30 LT-Debt-to-Total-Asset is 0.40 as of Mar. 2026. GuruFocus rates TSE:9223 with a GF Score™ of 30/100. The stock has 7 warning signs investors should review.

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. ASNOVA Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.40.

ASNOVA Co's long-term debt to total assets ratio declined from Mar. 2025 (0.41) to Mar. 2026 (0.40). It may suggest that ASNOVA Co is progressively becoming less dependent on debt to grow their business.

ASNOVA Co  (TSE:9223) 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.

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

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

* Premium members only.

The historical data trend for ASNOVA 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.

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

ASNOVA Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.26 0.32 0.38 0.41 0.40

ASNOVA Co Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.38 0.44 0.41 0.45 0.40
TSE:9223
30GF Score
ASNOVA Co Ltd TSE:9223
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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ASNOVA Co LT-Debt-to-Total-Asset Calculation

ASNOVA Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (A: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2026 )/Total Assets (A: Mar. 2026 )
=4576.567/11429.798
=0.40

ASNOVA Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )/Total Assets (Q: Mar. 2026 )
=4576.567/11429.798
=0.40

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.40 mean?
ASNOVA Co (TSE:9223) has a LT-Debt-to-Total-Asset of 0.40 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on ASNOVA Co and its competitors.
Is ASNOVA Co's LT-Debt-to-Total-Asset too high?
ASNOVA Co's current LT-Debt-to-Total-Asset is 0.40. Overall, ASNOVA Co has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does ASNOVA Co's LT-Debt-to-Total-Asset compare to URI and SUNB?
ASNOVA Co's LT-Debt-to-Total-Asset of 0.40 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Business Services company?
A good LT-Debt-to-Total-Asset depends on the Business Services industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on ASNOVA Co and its competitors. ASNOVA Co's current LT-Debt-to-Total-Asset is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASNOVA Co stock overvalued right now?
ASNOVA Co (TSE:9223) has a current LT-Debt-to-Total-Asset of 0.40. The current LT-Debt-to-Total-Asset is 0.40. ASNOVA Co's overall GF Score™ is 30/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For ASNOVA Co (TSE:9223), the current LT-Debt-to-Total-Asset is 0.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ASNOVA Co Business Description

Other Exchanges 9223:Japan
Address 4-60-12 Hiraike-cho, 26th Floor, Global Gate, Nakamura-ku, Aichi Prefecture, Nagoya, JPN, 453-6126
ASNOVA Co Ltd is engaged in the temporary equipment rental business, mainly focused on wedge-type scaffolding, which is used for low- to mid-rise buildings, mainly detached houses, and its main features are its high construction efficiency, transportation efficiency, and storage efficiency.
30GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円402.00
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