Simplex Holdings (TSE:4373) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

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What is Simplex Holdings 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. Simplex Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

Simplex Holdings's long-term debt to total assets ratio declined from Mar. 2023 (0.27) to Mar. 2024 (0.05). It may suggest that Simplex Holdings is progressively becoming less dependent on debt to grow their business.

Simplex Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Simplex Holdings'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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Simplex Holdings LT-Debt-to-Total-Asset Chart

Simplex Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.38

0.34

0.29

0.27

0.05

Simplex Holdings Quarterly Data
	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												0.27	0.28	0.26	0.25	0.05

Simplex Holdings LT-Debt-to-Total-Asset Calculation

Simplex Holdings'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 )
	=	3805	/	79248
	=	0.05

Simplex Holdings'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 )
	=	3805	/	79248
	=	0.05

Simplex Holdings (TSE:4373) 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.

Simplex Holdings LT-Debt-to-Total-Asset Related Terms

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Simplex Holdings (TSE:4373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Simplex Holdings Inc (TSE:4373) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-23-1 Toranomon, Minato-ku, Tokyo, JPN, 105-6319

Website

https://www.simplex.holdings

Simplex Holdings Inc is engaged in providing total solutions from strategy to design, development, operation and maintenance.

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