Maruzen CHI Holdings Co (TSE:3159) LT-Debt-to-Total-Asset : 0.12 (As of Jan. 2024)

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What is Maruzen CHI Holdings 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. Maruzen CHI Holdings Co's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.12.

Maruzen CHI Holdings Co's long-term debt to total assets ratio increased from Jan. 2023 (0.11) to Jan. 2024 (0.12). It may suggest that Maruzen CHI Holdings Co is progressively becoming more dependent on debt to grow their business.

Maruzen CHI Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Maruzen CHI Holdings 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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Maruzen CHI Holdings Co LT-Debt-to-Total-Asset Chart

Maruzen CHI Holdings Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.11

0.09

0.12

0.11

0.12

Maruzen CHI Holdings Co 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															0.11	0.13	0.13	0.13	0.12

Maruzen CHI Holdings Co LT-Debt-to-Total-Asset Calculation

Maruzen CHI Holdings Co'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 )
	=	15260	/	128896
	=	0.12

Maruzen CHI Holdings Co'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 )
	=	15260	/	128896
	=	0.12

Maruzen CHI Holdings Co (TSE:3159) 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.

Maruzen CHI Holdings Co LT-Debt-to-Total-Asset Related Terms

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Maruzen CHI Holdings Co (TSE:3159) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Maruzen CHI Holdings Co Ltd (TSE:3159) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 31- 2, Shinjuku-ku, Ichigayasanai town, Tokyo, JPN, 162-0846

Website

http://www.maruzen-chi.co.jp

Maruzen CHI Holdings Co Ltd is engaged in the sale of books and magazines and academic information. The company also undertakes library management consignment work and administrative agency of educational facilities such as libraries, design and supervision of construction work, the publishing business of books, and magazine.

Maruzen CHI Holdings Co (TSE:3159) Headlines

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