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Karula Co (TSE:2789) LT-Debt-to-Total-Asset : 0.40 (As of Nov. 2023)


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What is Karula Co 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. Karula Co's long-term debt to total assests ratio for the quarter that ended in Nov. 2023 was 0.40.

Karula Co's long-term debt to total assets ratio declined from Nov. 2022 (0.43) to Nov. 2023 (0.40). It may suggest that Karula Co is progressively becoming less dependent on debt to grow their business.


Karula Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Karula 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.

* Premium members only.

Karula Co LT-Debt-to-Total-Asset Chart

Karula Co Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.21 0.37 0.45 0.42

Karula Co Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.43 0.42 0.42 0.38 0.40

Karula Co LT-Debt-to-Total-Asset Calculation

Karula Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

LT Debt to Total Assets (A: Feb. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Feb. 2023 )/Total Assets (A: Feb. 2023 )
=2221.526/5300.941
=0.42

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

LT Debt to Total Assets (Q: Nov. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Nov. 2023 )/Total Assets (Q: Nov. 2023 )
=2347.763/5913.846
=0.40

* 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.


Karula Co  (TSE:2789) 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.


Karula Co LT-Debt-to-Total-Asset Related Terms

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Karula Co (TSE:2789) Business Description

Traded in Other Exchanges
N/A
Address
9-2-9 Tomiya Kurokawa-gun, Miyagi Prefecture, Narita, JPN, 981-3341
Karula Co., LTD operates restaurants chain in Japan. The brads under the group include MARUMATSU 99 shops, kotobuki 3 shop, kabe masamune 3 shops, and soba recycle mar matsu 6 store.

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