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Early Age Co (TSE:3248) LT-Debt-to-Total-Asset : 0.53 (As of Jan. 2024)


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What is Early Age 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. Early Age Co's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.53.

Early Age Co's long-term debt to total assets ratio declined from Jan. 2023 (0.57) to Jan. 2024 (0.53). It may suggest that Early Age Co is progressively becoming less dependent on debt to grow their business.


Early Age Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Early Age 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.

Early Age Co LT-Debt-to-Total-Asset Chart

Early Age Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.58 0.63 0.56 0.53

Early Age 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 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 0.57 0.55 0.54 0.53 0.53

Early Age Co LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Oct. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )/Total Assets (A: Oct. 2023 )
=7204.153/13488.222
=0.53

Early Age 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 )
=7104.794/13458.6
=0.53

* 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.


Early Age Co  (TSE:3248) 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.


Early Age Co LT-Debt-to-Total-Asset Related Terms

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Early Age Co (TSE:3248) Business Description

Traded in Other Exchanges
N/A
Address
2-11-7 Akasaka, Akasaka 5 floor twin towers new building, Minato-ku, Tokyo, JPN, 107-0052
Early Age Co Ltd is engaged in real estate business. The business of the company includes planning and developing condominiums, and leasing intermediary services for residential real estate, shops, and offices.

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