Kawasaki Geological Engineering Co (TSE:4673) LT-Debt-to-Total-Asset : 0.05 (As of Feb. 2024)

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What is Kawasaki Geological Engineering 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. Kawasaki Geological Engineering Co's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.05.

Kawasaki Geological Engineering Co's long-term debt to total assets ratio declined from Feb. 2023 (0.06) to Feb. 2024 (0.05). It may suggest that Kawasaki Geological Engineering Co is progressively becoming less dependent on debt to grow their business.

Kawasaki Geological Engineering Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kawasaki Geological Engineering 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.

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Kawasaki Geological Engineering Co LT-Debt-to-Total-Asset Chart

Kawasaki Geological Engineering Co Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

LT-Debt-to-Total-Asset

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0.03

0.09

0.06

0.04

Kawasaki Geological Engineering Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.07	0.06	0.04	0.05

Kawasaki Geological Engineering Co LT-Debt-to-Total-Asset Calculation

Kawasaki Geological Engineering Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (A: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2023 )	/	Total Assets (A: Nov. 2023 )
	=	421.696	/	9614.889
	=	0.04

Kawasaki Geological Engineering Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	486.315	/	9716.876
	=	0.05

Kawasaki Geological Engineering Co (TSE:4673) 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.

Kawasaki Geological Engineering Co LT-Debt-to-Total-Asset Related Terms

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Kawasaki Geological Engineering Co (TSE:4673) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kawasaki Geological Engineering Co Ltd (TSE:4673) » Definitions » LT-Debt-to-Total-Asset

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Address

2-11-15 Mita Minato-ku, Mita Kawasaki Building, Tokyo, JPN, 108-0073

Website

http://www.kge.co.jp

Kawasaki Geological Engineering Co., Ltd. is a Japan based independent consulting firm on geological engineering in Japan. It provides the geological analysis of the land. The company contributes to the development of infrastructures in governmental and private sectors, as well as in natural resources.

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