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Tsukuba Seiko Co (TSE:6596) LT-Debt-to-Total-Asset : 0.25 (As of Sep. 2023)


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What is Tsukuba Seiko 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. Tsukuba Seiko Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.25.

Tsukuba Seiko Co's long-term debt to total assets ratio declined from Sep. 2022 (0.26) to Sep. 2023 (0.25). It may suggest that Tsukuba Seiko Co is progressively becoming less dependent on debt to grow their business.


Tsukuba Seiko Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tsukuba Seiko 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.

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Tsukuba Seiko Co LT-Debt-to-Total-Asset Chart

Tsukuba Seiko Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.01 0.08 0.24 0.28 0.26

Tsukuba Seiko Co Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.28 0.26 0.26 0.25

Tsukuba Seiko Co LT-Debt-to-Total-Asset Calculation

Tsukuba Seiko Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )/Total Assets (A: Mar. 2023 )
=116.442/451.66
=0.26

Tsukuba Seiko Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )/Total Assets (Q: Sep. 2023 )
=109.374/438.156
=0.25

* 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.


Tsukuba Seiko Co  (TSE:6596) 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.


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Tsukuba Seiko Co (TSE:6596) Business Description

Traded in Other Exchanges
N/A
Address
2168-10, Aza Ganjoh-ji, Oaza Kamikamou, Kawauchi-gun, Tochigi Prefecture, Kaminokawa, JPN, 329-0617
Tsukuba Seiko Co Ltd is mainly engaged in the development, manufacture, and sale of electrostatic clamping systems. Its product offerings include thin hand, cordless holder, wafer support, waferhand, electrostatic belt.

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