Ryohin Keikaku Co (TSE:7453) LT-Debt-to-Total-Asset : 0.10 (As of Feb. 2024)

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What is Ryohin Keikaku 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. Ryohin Keikaku Co's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.10.

Ryohin Keikaku Co's long-term debt to total assets ratio declined from Feb. 2023 (0.15) to Feb. 2024 (0.10). It may suggest that Ryohin Keikaku Co is progressively becoming less dependent on debt to grow their business.

Ryohin Keikaku Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ryohin Keikaku 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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Ryohin Keikaku Co LT-Debt-to-Total-Asset Chart

Ryohin Keikaku Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Aug21

Aug22

Aug23

LT-Debt-to-Total-Asset

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0.09

0.08

0.15

0.10

Ryohin Keikaku Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.15	0.10	0.10	0.10

Ryohin Keikaku Co LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Aug. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2023 )	/	Total Assets (A: Aug. 2023 )
	=	45993	/	453715
	=	0.10

Ryohin Keikaku 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 )
	=	45743	/	481015
	=	0.10

Ryohin Keikaku Co (TSE:7453) 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.

Ryohin Keikaku Co LT-Debt-to-Total-Asset Related Terms

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Ryohin Keikaku Co (TSE:7453) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ryohin Keikaku Co Ltd (TSE:7453) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RYKKY:USA 3RK:Germany

Address

4-26-3 Higashi-Ikebukuro, Toshima-ku, Tokyo, JPN, 170-8424

Website

http://ryohin-keikaku.jp

Ryohin Keikaku Co., Ltd. otherwise known as Muji, is a Japanese retailer offering household and consumer goods. The company has a no-logo, no-brand policy. Its lower price strategy is based around the selection of materials, efficient manufacturing processes, and simplified packaging. The product portfolio ranges from stationery to clothing for men and women, food items, and major kitchen appliances. Its business includes also Muji Cafe & Meal, Muji Campsite, Muji House, and Idee. The Muji Cafe & Meal division operates Cafe Muji, offering cuisine, desserts, and beverages. Muji Campsite operates campsites and the surrounding forest areas. Muji House provides flexible framework for home interiors, such as The House of Woods and The House of Windows.

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