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Sawai Group Holdings Co (FRA:71U) LT-Debt-to-Total-Asset : 0.18 (As of Mar. 2024)


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What is Sawai Group Holdings 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. Sawai Group Holdings Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.18.

Sawai Group Holdings Co's long-term debt to total assets ratio increased from Mar. 2023 (0.17) to Mar. 2024 (0.18). It may suggest that Sawai Group Holdings Co is progressively becoming more dependent on debt to grow their business.


Sawai Group Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sawai Group Holdings 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.

* Premium members only.

Sawai Group Holdings Co LT-Debt-to-Total-Asset Chart

Sawai Group Holdings Co Annual Data
Trend Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
0.15 0.17 0.18

Sawai Group Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.15 0.15 0.15 0.18

Sawai Group Holdings Co LT-Debt-to-Total-Asset Calculation

Sawai Group Holdings 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 )
=410.455/2345.918
=0.17

Sawai Group Holdings Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=410.455/2345.918
=0.17

* 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.


Sawai Group Holdings Co  (FRA:71U) 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.


Sawai Group Holdings Co LT-Debt-to-Total-Asset Related Terms

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Sawai Group Holdings Co (FRA:71U) Business Description

Traded in Other Exchanges
Address
5-2-30, Miyahara, Yodogawa-ku, Osaka, JPN, 532-0003
Sawai Group Holdings Co Ltd is engaged in providing management support or guidance to domestic and foreign companies engaged in businesses related to medical and healthcare services, such as the manufacture and sale of pharmaceutical products and medical equipment, as well as various businesses incidental or related to the same.

Sawai Group Holdings Co (FRA:71U) Headlines

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