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Polaris Holdings Co (TSE:3010) Debt-to-Asset : 0.56 (As of Dec. 2023)


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What is Polaris Holdings Co Debt-to-Asset?

Polaris Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円2,838 Mil. Polaris Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円10,720 Mil. Polaris Holdings Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was 円24,254 Mil. Polaris Holdings Co's debt to asset for the quarter that ended in Dec. 2023 was 0.56.


Polaris Holdings Co Debt-to-Asset Historical Data

The historical data trend for Polaris Holdings Co'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.

* Premium members only.

Polaris Holdings Co Debt-to-Asset Chart

Polaris Holdings Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.95 0.82 0.70 0.51

Polaris Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-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 0.70 0.69 0.54 0.56 0.51

Competitive Comparison of Polaris Holdings Co's Debt-to-Asset

For the Real Estate - Diversified subindustry, Polaris Holdings Co'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.


Polaris Holdings Co's Debt-to-Asset Distribution in the Real Estate Industry

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

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



Polaris Holdings Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Polaris Holdings Co'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
=(1936.251 + 9892.262) / 23208.107
=0.51

Polaris Holdings Co's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2837.881 + 10719.692) / 24254.431
=0.56

* 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.


Polaris Holdings Co  (TSE:3010) 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.


Polaris Holdings Co Debt-to-Asset Related Terms

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Polaris Holdings Co (TSE:3010) Business Description

Traded in Other Exchanges
N/A
Address
1-12-3 Iwamoto-cho, Yamazaki Kyodo Building, Chiyoda-ku, Tokyo, JPN, 101-0032
Polaris Holdings Co Ltd is a Japan-based company. It has two business segments. The Real Estate segment is involved in the leasing, buying, selling, and development of real estate; The Hotel segment deals with hotel management, consulting, and franchising. Some of its hotels include Best Western Hotels, Value The Hotel, Kinuura Grand Hotel, and KOKO Hotels.

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