Yokogawa Electric (FRA:YKE) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)

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What is Yokogawa 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. Yokogawa Electric's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

Yokogawa Electric's long-term debt to total assets ratio increased from Dec. 2022 (0.01) to Dec. 2023 (0.04). It may suggest that Yokogawa Electric is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Yokogawa 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.

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

Yokogawa Electric Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.02

0.05

0.02

0.04

Yokogawa Electric 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															0.02	0.01	0.04	0.04	0.04

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

Yokogawa 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 )
	=	183.044	/	4131.908
	=	0.04

Yokogawa Electric'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 )
	=	152.853	/	4079.168
	=	0.04

Yokogawa Electric (FRA:YKE) 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.

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

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Yokogawa Electric (FRA:YKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yokogawa Electric Corp (FRA:YKE) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

YOKEY:USA 6841:Japan

Address

2-9-32 Nakacho, Musashino-shi, Tokyo, JPN, 180-8750

Website

http://www.yokogawa.com

Yokogawa Electric Corporation offers systems and solutions for measurement, control, and information technologies. Software, data acquisition instruments, field instruments, and other components compose a diverse product portfolio and allow the company to reach various customers involved in different end-markets. Essentially, the company helps link plant operations and corporate management. It has three business segments: industrial automation (majority of total revenue), control, test and measurement, and aviation and other businesses. In addition to its product offerings, Yokogawa offers consulting and execution services to supply customers with resources to make timely operating decisions. The majority of sales derive from Asia, with Japan being a key region for the company.

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