SYLA Technologies Co (SYLA Technologies Co) LT-Debt-to-Total-Asset : 0.58 (As of Jun. 2023)

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SYLA Technologies Co LT-Debt-to-Total-Asset Definition

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. SYLA Technologies Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.58.

SYLA Technologies Co's long-term debt to total assets ratio increased from Jun. 2022 (0.52) to Jun. 2023 (0.58). It may suggest that SYLA Technologies Co is progressively becoming more dependent on debt to grow their business.

SYLA Technologies Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for SYLA Technologies Co'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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SYLA Technologies Co LT-Debt-to-Total-Asset Chart

SYLA Technologies Co Annual Data

Trend

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.51

0.53

0.59

SYLA Technologies Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			-	0.53	0.52	0.59	0.58

SYLA Technologies Co LT-Debt-to-Total-Asset Calculation

SYLA Technologies Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	130.79	/	220.828
	=	0.59

SYLA Technologies Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	139.672	/	242.338
	=	0.58

SYLA Technologies Co (NAS:SYT) 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.

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SYLA Technologies Co (SYLA Technologies Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SYLA Technologies Co Ltd (NAS:SYT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-39 Hiroo, Ebisu Prime Square 7th Floor, Shibuya-ku, Tokyo, JPN

Website

https://www.syla-tech.jp

SYLA Technologies Co Ltd is a property technology company. It provides asset management platform systems that facilitate real estate crowd-funding as well as the purchase and sale of real estate.