Oita Bank (TSE:8392) Debt-to-Asset : 0.09 (As of Dec. 2023)

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What is Oita Bank Debt-to-Asset?

Oita Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil. Oita Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円418,278 Mil. Oita Bank's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was 円4,535,889 Mil. Oita Bank's debt to asset for the quarter that ended in Dec. 2023 was 0.09.

Oita Bank Debt-to-Asset Historical Data

The historical data trend for Oita Bank'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.

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Oita Bank Debt-to-Asset Chart

Oita Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.03

0.06

0.10

0.09

Oita Bank Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.09	0.09	0.10	0.09	0.09

Competitive Comparison of Oita Bank's Debt-to-Asset

For the Banks - Regional subindustry, Oita Bank'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.

Oita Bank's Debt-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Oita Bank's Debt-to-Asset distribution charts can be found below:

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

Oita Bank Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Oita Bank'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
	=	(0	+	402199)	/	4554183
	=	0.09

Oita Bank'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
	=	(0	+	418278)	/	4535889
	=	0.09

Oita Bank (TSE:8392) 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.

Oita Bank Debt-to-Asset Related Terms

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Oita Bank (TSE:8392) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Oita Bank Ltd (TSE:8392) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-1, Funai-cho, Oita, JPN, 870-8601

Website

http://www.oitabank.co.jp

Oita Bank Ltd is a Japanese regional bank operating primarily in the Oita prefecture, located in the southwest of the nation's archipelago. The bank emphasizes a community-based strategy to create value alongside its operating region. It provides financial services to businesses and individuals, including banking, leasing, and credit cards. A majority of the bank's earning assets are in loans and bills discounted, followed by investment securities. Most of the bank's income is overwhelmingly net interest income, followed by fees and commissions.

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