Nishimoto Co (TSE:9260) LT-Debt-to-Total-Asset : 0.41 (As of Dec. 2024)

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What is Nishimoto 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. Nishimoto Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.41.

Nishimoto Co's long-term debt to total assets ratio increased from Dec. 2023 (0.38) to Dec. 2024 (0.41). It may suggest that Nishimoto Co is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Nishimoto 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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Nishimoto Co LT-Debt-to-Total-Asset Chart

Nishimoto Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.32

0.29

0.39

0.38

0.41

Nishimoto 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															0.38	0.34	0.33	0.39	0.41

Nishimoto Co LT-Debt-to-Total-Asset Calculation

Nishimoto Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	99157	/	244002
	=	0.41

Nishimoto Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	99157	/	244002
	=	0.41

Nishimoto Co (TSE:9260) 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.

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

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Nishimoto Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Nishimoto Co Ltd (TSE:9260) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

3-10-5 Nihonbashi, Chuo-ku, Onward Park Building, Tokyo, JPN, 103-0027

Website

http://www.wismettac.com

Nishimoto Co Ltd operates in the food distribution industry. The company has organized its business activities into three division: Asian Food Global Business, Agricultural and Seafood Products Trading Business, and Amenity Food and Retail Business. Through its Agricultural and Seafood Products Trading Business the company imports fruits and vegetables from all over the world and sell them to wholesale markets and mass retailers throughout Japan, and supply ingredients to the restaurant industry and foodstuff manufacturers. The company has an operational presence across Japan, North America, Canada, Singapore, Australia, Netherlands, the United Kingdom, Germany, France, Singapore, China, and Hong Kong.

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