Oki Electric Industry Co (Oki Electric Industry Co) LT-Debt-to-Total-Asset : 0.13 (As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Oki Electric Industry 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. Oki Electric Industry Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.13.

Oki Electric Industry Co's long-term debt to total assets ratio increased from Mar. 2023 (0.10) to Mar. 2024 (0.13). It may suggest that Oki Electric Industry Co is progressively becoming more dependent on debt to grow their business.

Oki Electric Industry Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Oki Electric Industry 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.

* Premium members only.

Oki Electric Industry Co LT-Debt-to-Total-Asset Chart

Oki Electric Industry Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.16

0.14

0.15

0.10

0.13

Oki Electric Industry Co 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															0.10	0.08	0.11	0.10	0.13

Oki Electric Industry Co LT-Debt-to-Total-Asset Calculation

Oki Electric Industry Co'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 )
	=	368.018	/	2826.078
	=	0.13

Oki Electric Industry Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	368.018	/	2826.078
	=	0.13

Oki Electric Industry Co (OTCPK:OKIEY) 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.

Oki Electric Industry Co LT-Debt-to-Total-Asset Related Terms

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

Oki Electric Industry Co (Oki Electric Industry Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Oki Electric Industry Co Ltd (OTCPK:OKIEY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

OKIEF:USA 6703:Japan OKI:Germany

Address

1-7-12 Toranomon, Minato-ku, Tokyo, JPN, 105-8460

Website

http://www.oki.com

Oki Electric Industry Co Ltd is a Japanese manufacturer of telecommunications and printer products to telecommunication carriers, financial institutions, government agencies, and corporations. Its business is organized by product line into: information and communication technology, including traffic infrastructure-, disaster-, and self defense-related systems; mechatronics systems, including ATMs, cash handling equipment, and bank branch terminals; printers, including color printers, wide-format inkjets, and multifunction printers; and electronics manufacturing services for industrial, medical, and communications equipment.

Oki Electric Industry Co (Oki Electric Industry Co) Headlines

No Headlines