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Columbia Works (TSE:146A) LT-Debt-to-Total-Asset : 0.48 (As of Mar. 2024)


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What is Columbia Works 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. Columbia Works's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.48.

Columbia Works's long-term debt to total assets ratio increased from Dec. 2021 (0.45) to Mar. 2024 (0.48). It may suggest that Columbia Works is progressively becoming more dependent on debt to grow their business.

Columbia Works LT-Debt-to-Total-Asset Historical Data

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

Columbia Works Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.45 0.53 0.48

Columbia Works Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset 0.45 0.53 0.51 0.48 0.48

Columbia Works LT-Debt-to-Total-Asset Calculation

Columbia Works's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=15312/32001
=0.48

Columbia Works'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 )
=17950/37313
=0.48

* 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.

Columbia Works  (TSE:146A) 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.

Columbia Works LT-Debt-to-Total-Asset Related Terms

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Columbia Works (TSE:146A) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Columbia Works Inc (TSE:146A) » Definitions » LT-Debt-to-Total-Asset
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Traded in Other Exchanges
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Address
3-28-15 Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
Website
https://www.columbiaworks.jp
Columbia Works Inc is engaged in Real estate development, Real estate leasing and management and Hotel management.

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