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Sekisui House (Sekisui House) LT-Debt-to-Total-Asset : 0.10 (As of Jan. 2024)


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What is Sekisui House 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. Sekisui House's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.10.

Sekisui House's long-term debt to total assets ratio increased from Jan. 2023 (0.08) to Jan. 2024 (0.10). It may suggest that Sekisui House is progressively becoming more dependent on debt to grow their business.


Sekisui House LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sekisui House'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.

Sekisui House LT-Debt-to-Total-Asset Chart

Sekisui House Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.14 0.13 0.08 0.10

Sekisui House Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.08 0.08 0.11 0.10 0.10

Sekisui House LT-Debt-to-Total-Asset Calculation

Sekisui House's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )/Total Assets (A: Jan. 2024 )
=2377.099/22918.172
=0.10

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

LT Debt to Total Assets (Q: Jan. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )/Total Assets (Q: Jan. 2024 )
=2377.099/22918.172
=0.10

* 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.


Sekisui House  (OTCPK:SKHSY) 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.


Sekisui House LT-Debt-to-Total-Asset Related Terms

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Sekisui House (Sekisui House) Business Description

Traded in Other Exchanges
Address
Tower East Umeda Sky Building, 1-88 Oyodonaka 1-chome, Kita-ku, Osaka, JPN, 531-0076
Sekisui House Ltd is a Japanese construction company that focuses on residential construction. It is one of the world's largest international homebuilders and operates in Japan, China, Singapore, Australia, and the United States. Sekisui House is involved in constructing single-family detached housing and multi-unit residential housing, condominium development, and urban redevelopment. The company uses eco-friendly features in its construction projects such as solar panels and sustainable material usage. The majority of revenue for the company is derived from its detached-housing projects, followed by rental and condominium construction.

Sekisui House (Sekisui House) Headlines