EDP (TSE:7794) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is EDP 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. EDP's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

EDP's long-term debt to total assets ratio declined from Jun. 2023 (0.04) to Sep. 2024 (0.03). It may suggest that EDP is progressively becoming less dependent on debt to grow their business.

EDP LT-Debt-to-Total-Asset Historical Data

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

EDP Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.24

0.12

0.04

0.03

EDP Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.04	0.03	0.03	0.03	0.03

EDP LT-Debt-to-Total-Asset Calculation

EDP'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 )
	=	148.08	/	5337.67
	=	0.03

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	127.06	/	4895.921
	=

EDP (TSE:7794) 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.

EDP LT-Debt-to-Total-Asset Related Terms

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EDP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » EDP Corp (TSE:7794) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-6-3 Kamishinden, Toyonaka, Osaka, JPN, 560-0085

Website

https://www.d-edp.jp

EDP Corp is engaged in the production, fabrication, sales and development of a Single crystal diamond material.

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