Daiwa Securities Group (Daiwa Securities Group) LT-Debt-to-Total-Asset : 0.55 (As of Dec. 2023)

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

What is Daiwa Securities Group 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. Daiwa Securities Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.55.

Daiwa Securities Group's long-term debt to total assets ratio increased from Dec. 2022 (0.52) to Dec. 2023 (0.55). It may suggest that Daiwa Securities Group is progressively becoming more dependent on debt to grow their business.

Daiwa Securities Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Daiwa Securities Group'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.

Daiwa Securities Group LT-Debt-to-Total-Asset Chart

Daiwa Securities Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.48

0.51

0.54

0.49

0.53

Daiwa Securities Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.49	0.51	0.52	0.55	0.53

Daiwa Securities Group LT-Debt-to-Total-Asset Calculation

Daiwa Securities Group'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 )
	=	112594.291	/	213773.851
	=	0.53

Daiwa Securities Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	121687.085	/	220405.719
	=	0.55

Daiwa Securities Group (OTCPK:DSEEY) 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.

Daiwa Securities Group LT-Debt-to-Total-Asset Related Terms

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

Daiwa Securities Group (Daiwa Securities Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Daiwa Securities Group Inc (OTCPK:DSEEY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DSECF:USA 8601:Japan DSE:Germany

Address

GranTokyo North Tower, 9-1, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-6751

Website

http://www.daiwa-grp.jp

Together with industry leader Nomura, Daiwa Securities is one of two large independent securities firms in Japan. Like Nomura, it competes with brokerage units of the megabanks and smaller independent firms in Japan, but unlike Nomura it does not have aspiration to compete globally with the major U.S. and European investment banks and focuses on Japan-related business only. Daiwa moved its global wholesale business to a joint venture with Sumitomo Bank in 1999, but the venture met only mixed success and Daiwa ultimately bought out Sumitomo Mitsui Financial Group's 40% interest in the venture in 2009 after SMFG opportunistically purchased Nikko Securities (now SMBC Nikko, a rival of Daiwa) from Citigroup.

Daiwa Securities Group (Daiwa Securities Group) Headlines

From GuruFocus

David Herro Comments on Daiwa Securities

By Holly LaFon • 04-23-2013

Oakmark Global Select Fund - First Quarter 2014 Commentary

By Holly LaFon Holly LaFon • 04-14-2014

Third Avenue Management Comments on Daiwa Securities

By Holly LaFon Holly LaFon • 07-01-2013

David Herro and Bill Nygren Comment on Daiwa Securities Group

By Holly LaFon • 01-13-2014

David Herro Comments on Daiwa Securities Group

By Holly LaFon • 01-09-2014

Bill Nygren and David Herro Comment on Daiwa Securities

By Holly LaFon • 04-14-2014