Japan Aviation Electronics Industry (TSE:6807) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Japan Aviation Electronics Industry 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. Japan Aviation Electronics Industry's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Japan Aviation Electronics Industry's long-term debt to total assets ratio declined from Dec. 2022 (0.02) to Dec. 2023 (0.01). It may suggest that Japan Aviation Electronics Industry is progressively becoming less dependent on debt to grow their business.

Japan Aviation Electronics Industry LT-Debt-to-Total-Asset Historical Data

The historical data trend for Japan Aviation Electronics Industry'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.

Japan Aviation Electronics Industry LT-Debt-to-Total-Asset Chart

Japan Aviation Electronics Industry Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.07

0.04

0.01

0.23

Japan Aviation Electronics Industry 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															0.01	0.01	0.01	0.01	0.23

Japan Aviation Electronics Industry LT-Debt-to-Total-Asset Calculation

Japan Aviation Electronics Industry'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 )
	=	54000	/	236042
	=	0.23

Japan Aviation Electronics Industry'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 )
	=	1250	/	233553
	=	0.01

Japan Aviation Electronics Industry (TSE:6807) 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.

Japan Aviation Electronics Industry LT-Debt-to-Total-Asset Related Terms

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

Japan Aviation Electronics Industry (TSE:6807) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Japan Aviation Electronics Industry Ltd (TSE:6807) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

21-2, Dogenzaka 1-chome, Shibuya-ku, Tokyo, JPN, 150-0043

Website

https://www.jae.com

Japan Aviation Electronics Industry Ltd is a Japan-based company that manufactures and distributes electronic components and equipment. The firm's operations are organized in four segments: the Connector segment, which sells connectors for use in infrastructure, transportation, and mobile device applications; the Interface Solution segment, which sells touch panels, touch controls, and monitors; the Aviation Equipment segment, which includes navigation equipment and motion sensor solutions; and Others, which includes the sale of other products and the transportation business.

Japan Aviation Electronics Industry (TSE:6807) Headlines

No Headlines