GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Japan Asia Investment Co Ltd (FRA:JAN) » Definitions » LT-Debt-to-Total-Asset

Japan Asia Investment Co (FRA:JAN) LT-Debt-to-Total-Asset : 0.48 (As of Sep. 2024)


View and export this data going back to . Start your Free Trial

What is Japan Asia Investment 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. Japan Asia Investment Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.48.

Japan Asia Investment Co's long-term debt to total assets ratio increased from Jun. 2023 (0.42) to Sep. 2024 (0.48). It may suggest that Japan Asia Investment Co is progressively becoming more dependent on debt to grow their business.


Japan Asia Investment Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Japan Asia Investment 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.

Japan Asia Investment Co LT-Debt-to-Total-Asset Chart

Japan Asia Investment Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.56 0.44 0.45 0.53

Japan Asia Investment Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.42 0.43 0.46 0.53 0.48

Japan Asia Investment Co LT-Debt-to-Total-Asset Calculation

Japan Asia Investment Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )/Total Assets (A: Mar. 2024 )
=54.794/103.14
=0.53

Japan Asia Investment Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=57.399/118.92
=

* 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.


Japan Asia Investment Co  (FRA:JAN) 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.


Japan Asia Investment Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Japan Asia Investment Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Japan Asia Investment Co Business Description

Traded in Other Exchanges
Address
3-11 Kandanishiki-cho, Tokyo, JPN
Japan Asia Investment Co Ltd (JAIC) provides growth capital to venture companies and small and medium-sized enterprise (SME). The company provides various support to achieve growth strategies of the company by utilizing JAIC's resources in Japan and elsewhere in Asia.

Japan Asia Investment Co Headlines

No Headlines