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Honma Golf (HKSE:06858) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)


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What is Honma Golf 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. Honma Golf's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

Honma Golf's long-term debt to total assets ratio increased from Mar. 2023 (0.04) to Mar. 2024 (0.05). It may suggest that Honma Golf is progressively becoming more dependent on debt to grow their business.


Honma Golf LT-Debt-to-Total-Asset Historical Data

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

Honma Golf Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.04 0.04 0.04 0.05

Honma Golf Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.05

Honma Golf LT-Debt-to-Total-Asset Calculation

Honma Golf'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 )
=104.335/2221.56
=0.05

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

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=104.335/2221.56
=0.05

* 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.


Honma Golf  (HKSE:06858) 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.


Honma Golf LT-Debt-to-Total-Asset Related Terms

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Honma Golf Business Description

Traded in Other Exchanges
N/A
Address
35th Floor, Roppongi Hills, Mori Tower, P.O. Box No. 62, 6-10-1, Roppongi, Minatoku, Tokyo, JPN
Honma Golf Ltd is an investment holding company. It is engaged in the design, manufacturing, and sale of golf-related products and the rendering of services relating to such products. Geographically, it derives a majority of its revenue from Japan and also has a presence in Korea, China, North America, Europe, and the Rest of the world. The group currently offers golf clubs mainly under three major product families, namely BERES, TOUR WORLD, and Be ZEAL.
Executives
Huang Wenhuan 2202 Interest of your spouse
Liu Jianguo 2307 Founder of a discretionary trust who can infl
Kouunn Holdings Limited 2101 Beneficial owner
Gold Genius Development Limited 2106 Person having a security interest in shares
Splendid Steed Investments Limited 2201 Interest of corporation controlled by you
Ma Jianrong 2201 Interest of corporation controlled by you
Vistra Trust (hong Kong) Limited 2301 Trustee
Charoen Pokphand Group Company Limited 2201 Interest of corporation controlled by you
Dazzling Coast Limited 2201 Interest of corporation controlled by you
Prize Ray Limited 2201 Interest of corporation controlled by you
Itochu Corporation 2101 Beneficial owner
Yuanta Financial Holding Co., Ltd 2201 Interest of corporation controlled by you

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