GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Kokusai Electric Corp (TSE:6525) » Definitions » LT-Debt-to-Total-Asset

Kokusai Electric (TSE:6525) LT-Debt-to-Total-Asset : 0.23 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Kokusai Electric 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. Kokusai Electric's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.23.

Kokusai Electric's long-term debt to total assets ratio declined from Mar. 2023 (0.25) to Mar. 2024 (0.23). It may suggest that Kokusai Electric is progressively becoming less dependent on debt to grow their business.


Kokusai Electric LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kokusai Electric'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.

Kokusai Electric LT-Debt-to-Total-Asset Chart

Kokusai Electric Annual Data
Trend Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
0.33 0.25 0.23

Kokusai Electric Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only 0.25 0.26 0.25 0.24 0.23

Kokusai Electric LT-Debt-to-Total-Asset Calculation

Kokusai Electric'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 )
=84999/375433
=0.23

Kokusai Electric'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 )
=84999/375433
=0.23

* 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.


Kokusai Electric  (TSE:6525) 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.


Kokusai Electric LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Kokusai Electric's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Kokusai Electric (TSE:6525) Business Description

Traded in Other Exchanges
Address
3-4 Kanda Kaji-cho, 5th floor, oak Kanda Kajicho Building, Chiyoda-ku, Tokyo, JPN, 101-0045
Kokusai Electric Corp is engaged in the development, manufacturing, sales, and installation of semiconductor manufacturing equipment, and services such as maintenance, repair, and parts sales of said equipment.

Kokusai Electric (TSE:6525) Headlines

No Headlines