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Enjin Co (TSE:7370) LT-Debt-to-Total-Asset : 0.01 (As of Feb. 2024)


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What is Enjin 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. Enjin Co's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.01.

Enjin Co's long-term debt to total assets ratio increased from Feb. 2023 (0.00) to Feb. 2024 (0.01). It may suggest that Enjin Co is progressively becoming more dependent on debt to grow their business.


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

The historical data trend for Enjin 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.

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

Enjin Co Annual Data
Trend May19 May20 May21 May22 May23
LT-Debt-to-Total-Asset
- - - - 0.01

Enjin Co Quarterly Data
May19 May20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - 0.01 0.01 - 0.01

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

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

LT Debt to Total Assets (A: May. 2023 )=Long-Term Debt & Capital Lease Obligation (A: May. 2023 )/Total Assets (A: May. 2023 )
=24.946/5478.426
=0.00

Enjin Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )/Total Assets (Q: Feb. 2024 )
=22.183/4814.689
=0.00

* 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.


Enjin Co  (TSE:7370) 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.


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

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Enjin Co (TSE:7370) Business Description

Traded in Other Exchanges
N/A
Address
1-11-4 Umeda, 9th Floor, Osaka Ekimae Dai-Yon Building, Osaka-shi Kita-ku, Qsaka, JPN, 530-0001
Enjin Co Ltd is engaged in providing PR support service for enterprises, executives and medical institutions, doctors, and managing the matching platform.

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