Nikkiso Co (TSE:6376) Debt-to-Asset : 0.34 (As of Mar. 2024)

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What is Nikkiso Co Debt-to-Asset?

Nikkiso Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円34,684 Mil. Nikkiso Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円72,267 Mil. Nikkiso Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was 円311,040 Mil. Nikkiso Co's debt to asset for the quarter that ended in Mar. 2024 was 0.34.

Nikkiso Co Debt-to-Asset Historical Data

The historical data trend for Nikkiso Co's Debt-to-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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Nikkiso Co Debt-to-Asset Chart

Nikkiso Co Annual Data

Trend

Mar14

Mar15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.47

0.49

0.31

0.27

Nikkiso Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.30	0.28	0.28	0.27	0.34

Competitive Comparison of Nikkiso Co's Debt-to-Asset

For the Specialty Industrial Machinery subindustry, Nikkiso Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nikkiso Co's Debt-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nikkiso Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Nikkiso Co's Debt-to-Asset falls into.

Nikkiso Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Nikkiso Co's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(19148	+	61903)	/	296228
	=	0.27

Nikkiso Co's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(34684	+	72267)	/	311040
	=	0.34

Nikkiso Co (TSE:6376) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Nikkiso Co Debt-to-Asset Related Terms

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Nikkiso Co (TSE:6376) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nikkiso Co Ltd (TSE:6376) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

NKO:Germany

Address

4-20-3, Ebisu, Shibuya-ku, Tokyo, JPN, 150-6022

Website

http://www.nikkiso.co.jp

Nikkiso is a Japan-based industrial company that operates through four divisions. The industrial division manufactures and distributes fluid equipment for process industries. The precision equipment business division manufactures and sells water conditioning systems, particle characterization instruments, multilayer ceramic electronic components production equipment, and systems. The aerospace division manufactures, distributes, and consults for carbon-fiber-reinforced plastic products. The medical division manufactures and sells hemodialysis machines, dialyzers, blood tubing sets, and other products. The company has a global presence, with the majority of its sales coming from Japan, Asia excluding Japan, North America, and Europe.

Nikkiso Co (TSE:6376) Headlines

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