Daiei Kankyo Co (TSE:9336) LT-Debt-to-Total-Asset : 0.00 (As of Jun. 2024)

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What is Daiei Kankyo 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. Daiei Kankyo Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Daiei Kankyo Co's long-term debt to total assets ratio declined from Jun. 2023 (0.29) to Jun. 2024 (0.00). It may suggest that Daiei Kankyo Co is progressively becoming less dependent on debt to grow their business.

Daiei Kankyo Co LT-Debt-to-Total-Asset Historical Data

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

Daiei Kankyo Co Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.42

0.40

0.30

0.27

Daiei Kankyo Co Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.27	0.28	0.27	-	0.25

Daiei Kankyo Co LT-Debt-to-Total-Asset Calculation

Daiei Kankyo 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 )
	=	46852	/	172796
	=	0.27

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	0	/	0
	=

Daiei Kankyo Co (TSE:9336) 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.

Daiei Kankyo Co LT-Debt-to-Total-Asset Related Terms

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Daiei Kankyo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Daiei Kankyo Co Ltd (TSE:9336) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-9-1 Koyo-cho, Kobe Fashion Plaza, Higashinada-ku, Hyogo Prefecture, Kobe, JPN, 658-0032

Website

https://www.dinsgr.co.jp

Daiei Kankyo Co Ltd is a engaged in the waste-related business. It focuses on collection and transportation, intermediate treatment and recycling, and final disposal of both general and industrial waste and valuable resource recycing business.

Daiei Kankyo Co Headlines

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