Vario Secure (TSE:4494) LT-Debt-to-Total-Asset : 0.14 (As of Aug. 2024)

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What is Vario Secure 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. Vario Secure's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.14.

Vario Secure's long-term debt to total assets ratio declined from Aug. 2023 (0.16) to Aug. 2024 (0.14). It may suggest that Vario Secure is progressively becoming less dependent on debt to grow their business.

Vario Secure LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vario Secure'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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Vario Secure LT-Debt-to-Total-Asset Chart

Vario Secure Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.32

0.26

0.17

0.15

Vario Secure Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.16	0.16	0.15	0.15	0.14

Vario Secure LT-Debt-to-Total-Asset Calculation

Vario Secure's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	1128.841	/	7649.933
	=	0.15

Vario Secure's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	1076.773	/	7676.886
	=	0.14

Vario Secure (TSE:4494) 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.

Vario Secure LT-Debt-to-Total-Asset Related Terms

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Vario Secure Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vario Secure Inc (TSE:4494) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Sumitomo Shoji Nishikicho, Building 1-6 Kandanishikicho Chiyoda-ku, Tokyo, JPN, 101-0054

Website

https://www.variosecure.net

Vario Secure Inc is engaged in providing internet security services which protect network environment of enterprises from various threats arising from internet usage, by utilizing its in-house developed security instruments and unique operation system. The company provides one-stop security services from installation and implementation to operation, monitoring and support to small and medium-sized enterprises which have difficulties in sparing dedicated personnel to IT issues which have been and are becoming sophisticated and complicated day to day.

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