Choei (TSE:2993) Debt-to-Asset : 0.74 (As of Sep. 2024)

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What is Choei Debt-to-Asset?

Choei's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円1,745 Mil. Choei's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was 円42,991 Mil. Choei's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was 円60,598 Mil. Choei's debt to asset for the quarter that ended in Sep. 2024 was 0.74.

Choei Debt-to-Asset Historical Data

The historical data trend for Choei's Debt-to-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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Choei Debt-to-Asset Chart

Choei Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Asset

0.82

0.73

0.74

0.73

Choei Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial									0.74	0.74	0.74	0.73	0.74

Competitive Comparison of Choei's Debt-to-Asset

For the Real Estate Services subindustry, Choei's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Choei's Debt-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Choei's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Choei's Debt-to-Asset falls into.

Choei Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Choei's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1848.925	+	42387.117)	/	60651.005
	=	0.73

Choei's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1745.297	+	42991.068)	/	60598.476
	=	0.74

Choei (TSE:2993) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Choei Debt-to-Asset Related Terms

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Choei Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Choei Inc (TSE:2993) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-70 Fukakusanishiuracho, Fushimi-ku, 5th Choei Astro Building, Kyoto, JPN, 2-0029

Website

https://www.kk-choei.co.jp

Choei Inc is engaged in the real estate management and leasing activities.

Choei Headlines

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