Chuetsu Pulp & Paper Co (TSE:3877) LT-Debt-to-Total-Asset : 0.12 (As of Dec. 2023)

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What is Chuetsu Pulp & Paper 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. Chuetsu Pulp & Paper Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.12.

Chuetsu Pulp & Paper Co's long-term debt to total assets ratio declined from Dec. 2022 (0.16) to Dec. 2023 (0.12). It may suggest that Chuetsu Pulp & Paper Co is progressively becoming less dependent on debt to grow their business.

Chuetsu Pulp & Paper Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Chuetsu Pulp & Paper 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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Chuetsu Pulp & Paper Co LT-Debt-to-Total-Asset Chart

Chuetsu Pulp & Paper Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.19

0.12

0.19

0.17

0.15

Chuetsu Pulp & Paper Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.15	0.14	0.13	0.12

Chuetsu Pulp & Paper Co LT-Debt-to-Total-Asset Calculation

Chuetsu Pulp & Paper Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	17809	/	122751
	=	0.15

Chuetsu Pulp & Paper Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	15027	/	127121
	=	0.12

Chuetsu Pulp & Paper Co (TSE:3877) 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.

Chuetsu Pulp & Paper Co LT-Debt-to-Total-Asset Related Terms

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Chuetsu Pulp & Paper Co (TSE:3877) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Chuetsu Pulp & Paper Co Ltd (TSE:3877) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-10-6 Ginza, Chuo-ku, Tokyo, JPN, 1048124

Website

http://www.chuetsu-pulp.co.jp

Chuetsu Pulp & Paper Co Ltd is engaged in the manufacturing and sale of paper and pulp products. It offers varied products in following categories; paper and pulp manufacturing unit produces newsprint, printing paper, packaging paper, and special paper, paperboard, and pulp products. The Paper-processed Products include paper bags, paper tubes, cardboard boxes, and notebooks. The Power unit deals with the sale of electricity. It is also involved in the forestry, lumbering, and wood processing activities; manufacture, buying, and sale of chemicals; management, leasing, buying, and sale of real estate properties.

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