NEC Networks & System Integration (TSE:1973) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

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What is NEC Networks & System Integration 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. NEC Networks & System Integration's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

NEC Networks & System Integration's long-term debt to total assets ratio declined from Mar. 2023 (0.01) to Mar. 2024 (0.00). It may suggest that NEC Networks & System Integration is progressively becoming less dependent on debt to grow their business.

NEC Networks & System Integration LT-Debt-to-Total-Asset Historical Data

The historical data trend for NEC Networks & System Integration'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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NEC Networks & System Integration LT-Debt-to-Total-Asset Chart

NEC Networks & System Integration Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.02

0.01

NEC Networks & System Integration Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.01	0.01	0.01	0.01	-

NEC Networks & System Integration LT-Debt-to-Total-Asset Calculation

NEC Networks & System Integration'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 )
	=	0	/	284897
	=	0.00

NEC Networks & System Integration'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 )
	=	0	/	284897
	=	0.00

NEC Networks & System Integration (TSE:1973) 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.

NEC Networks & System Integration LT-Debt-to-Total-Asset Related Terms

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NEC Networks & System Integration (TSE:1973) Business Description

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Address

2-6-1 Koraku, Bunkyo-ku, Iidabashi First Tower, Tokyo, JPN, 112-8560

Website

http://www.nesic.co.jp

NEC Networks and System Integration Corp provides a variety of information technology, or IT, services. The company also sells IT products, which include servers, video conferencing systems, network systems, security systems, and software. The firm's range of services includes office space design, cloud computing, communication, networks, security, energy conservation, public IT infrastructure, and supporting services. More revenue comes from the sale of network-related products and services than any other IT product or service. The vast majority of revenue comes from Japan.

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