GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tsubota Laboratory Inc (TSE:4890) » Definitions » Debt-to-Asset

Tsubota Laboratory (TSE:4890) Debt-to-Asset : 0.06 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Tsubota Laboratory Debt-to-Asset?

Tsubota Laboratory's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円24.5 Mil. Tsubota Laboratory's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円98.5 Mil. Tsubota Laboratory's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was 円2,002.2 Mil. Tsubota Laboratory's debt to asset for the quarter that ended in Dec. 2023 was 0.06.


Tsubota Laboratory Debt-to-Asset Historical Data

The historical data trend for Tsubota Laboratory's Debt-to-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.

Tsubota Laboratory Debt-to-Asset Chart

Tsubota Laboratory Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
0.12 0.23 0.14 0.05 0.05

Tsubota Laboratory Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.06 0.06 0.05

Competitive Comparison of Tsubota Laboratory's Debt-to-Asset

For the Medical Devices subindustry, Tsubota Laboratory's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tsubota Laboratory's Debt-to-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tsubota Laboratory's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Tsubota Laboratory's Debt-to-Asset falls into.



Tsubota Laboratory Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Tsubota Laboratory's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(26.52 + 90.38) / 2295.159
=0.05

Tsubota Laboratory's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(24.48 + 98.54) / 2002.197
=0.06

* 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.


Tsubota Laboratory  (TSE:4890) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Tsubota Laboratory Debt-to-Asset Related Terms

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


Tsubota Laboratory (TSE:4890) Business Description

Traded in Other Exchanges
N/A
Address
34 Shinanomachi, 304 Toshin Shinanomachi-ekimae Building, Shinjuku-ku, Tokyo, JPN, 160-0016
Tsubota Laboratory Inc is engaged in the research and development of pharmaceuticals and medical devices for the treatment of myopia, dry eyes, and presbyopia.

Tsubota Laboratory (TSE:4890) Headlines

No Headlines