Nachi-Fujikoshi (TSE:6474) LT-Debt-to-Total-Asset : 0.13 (As of Feb. 2024)

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What is Nachi-Fujikoshi 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. Nachi-Fujikoshi's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.13.

Nachi-Fujikoshi's long-term debt to total assets ratio declined from Feb. 2023 (0.14) to Feb. 2024 (0.13). It may suggest that Nachi-Fujikoshi is progressively becoming less dependent on debt to grow their business.

Nachi-Fujikoshi LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nachi-Fujikoshi'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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Nachi-Fujikoshi LT-Debt-to-Total-Asset Chart

Nachi-Fujikoshi Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

LT-Debt-to-Total-Asset

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0.17

0.19

0.18

0.16

Nachi-Fujikoshi Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.15	0.14	0.16	0.13

Nachi-Fujikoshi LT-Debt-to-Total-Asset Calculation

Nachi-Fujikoshi's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (A: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2023 )	/	Total Assets (A: Nov. 2023 )
	=	57917	/	370324
	=	0.16

Nachi-Fujikoshi's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	49868	/	374359
	=	0.13

Nachi-Fujikoshi (TSE:6474) 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.

Nachi-Fujikoshi LT-Debt-to-Total-Asset Related Terms

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Nachi-Fujikoshi (TSE:6474) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nachi-Fujikoshi Corp (TSE:6474) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Shiodome Sumitomo Building 17th Floor, 1-9-2 Higashi-Shinbasi, Minato-ku, Tokyo, JPN, 105-0021

Website

http://www.nachi-fujikoshi.co.jp

Nachi-Fujikoshi Corp is a Japanese manufacturer of machining tools. The company operates six business segments: bearings, hydraulic equipment, cutting tools, machine tools, robots, and special steels and industrial furnaces. The largest segment by revenue, bearings, offers various forms of ball and roller bearings. The other segments offer drills and mills, broaching machines and power finishers, welding and handling robots, hydraulic valves and pumps, alloys and special steels, coating equipment and services, and thermo-furnace systems.

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