Dai-ichi Life Holdings (STU:QHH) Debt-to-Asset : 0.01 (As of Mar. 2024)

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What is Dai-ichi Life Holdings Debt-to-Asset?

Dai-ichi Life Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil. Dai-ichi Life Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €5,989 Mil. Dai-ichi Life Holdings's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €414,749 Mil. Dai-ichi Life Holdings's debt to asset for the quarter that ended in Mar. 2024 was 0.01.

Dai-ichi Life Holdings Debt-to-Asset Historical Data

The historical data trend for Dai-ichi Life Holdings's Debt-to-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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Dai-ichi Life Holdings Debt-to-Asset Chart

Dai-ichi Life Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

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0.02

0.01

0.02

0.01

Dai-ichi Life Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.01	-

Competitive Comparison of Dai-ichi Life Holdings's Debt-to-Asset

For the Insurance - Life subindustry, Dai-ichi Life Holdings's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Dai-ichi Life Holdings's Debt-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dai-ichi Life Holdings's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Dai-ichi Life Holdings's Debt-to-Asset falls into.

Dai-ichi Life Holdings Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Dai-ichi Life Holdings's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	5988.997)	/	414748.798
	=	0.01

Dai-ichi Life Holdings's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	5988.997)	/	414748.798
	=	0.01

Dai-ichi Life Holdings (STU:QHH) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Dai-ichi Life Holdings Debt-to-Asset Related Terms

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Dai-ichi Life Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Dai-ichi Life Holdings Inc (STU:QHH) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

DLICY:USA DCNSF:USA 8750:Japan

Address

13-1, Yurakucho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8411

Website

https://www.dai-ichi-life-hd.com

Dai-Ichi Life is Japan's second-largest life insurance company excluding recently privatized Japan Post Insurance, with a market share of around 11% of annualized net premiums. Unlike its largest domestic competitors Nippon Life, Meiji Yasuda, and Sumitomo Life, which remain mutually owned by their policyholders, Dai-Ichi Life demutualized and listed on the Tokyo Stock Exchange in 2010. Its main domestic operating company accounts for around 60% of profits, its Frontier bancassurance subsidiary selling mainly savings products accounts for around 10%, Alabama-based Protective Life accounts for around 15%, TAL in Australia accounts for 7%, and Dai-Ichi Life Vietnam around 5%. Dai-Ichi also holds a 30% economic interest in Mizuho's Asset Management One.

Dai-ichi Life Holdings Headlines

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