Solasia Pharma KK (TSE:4597) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2024)

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What is Solasia Pharma KK 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. Solasia Pharma KK's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.01.

Solasia Pharma KK's long-term debt to total assets ratio declined from Mar. 2023 (0.02) to Mar. 2024 (0.01). It may suggest that Solasia Pharma KK is progressively becoming less dependent on debt to grow their business.

Solasia Pharma KK LT-Debt-to-Total-Asset Historical Data

The historical data trend for Solasia Pharma KK'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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Solasia Pharma KK LT-Debt-to-Total-Asset Chart

Solasia Pharma KK Annual Data

Trend

Dec14

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Dec16

Dec17

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Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

Solasia Pharma KK 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	0.02	0.02	0.01	0.01

Solasia Pharma KK LT-Debt-to-Total-Asset Calculation

Solasia Pharma KK's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	27	/	2229
	=	0.01

Solasia Pharma KK'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 )
	=	20	/	2708
	=	0.01

Solasia Pharma KK (TSE:4597) 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.

Solasia Pharma KK LT-Debt-to-Total-Asset Related Terms

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Solasia Pharma KK (TSE:4597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Solasia Pharma KK (TSE:4597) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

9SO:Germany

Address

2-1-1 Shiba Park, 4th Floor, Sumitomo Real Estate Shiba Park Tower, Minato-ku, Tokyo, JPN, 105-0011

Website

https://www.solasia.co.jp

Solasia Pharma KK develops and distributes pharmaceuticals and medical devices relating to malignant tumors.

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