Kyushu Railway Co (FRA:KRH) LT-Debt-to-Total-Asset : 0.33 (As of Sep. 2024)

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What is Kyushu Railway 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. Kyushu Railway Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.33.

Kyushu Railway Co's long-term debt to total assets ratio increased from Sep. 2023 (0.31) to Sep. 2024 (0.33). It may suggest that Kyushu Railway Co is progressively becoming more dependent on debt to grow their business.

Kyushu Railway Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kyushu Railway 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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Kyushu Railway Co LT-Debt-to-Total-Asset Chart

Kyushu Railway Co Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.13

0.28

0.30

0.29

Kyushu Railway Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.30	0.29	-	0.33	0.33

Kyushu Railway Co LT-Debt-to-Total-Asset Calculation

Kyushu Railway 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 )
	=	1949.525	/	6688.331
	=	0.29

Kyushu Railway 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 )
	=	2224.554	/	6789.663
	=	0.33

Kyushu Railway Co (FRA:KRH) 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.

Kyushu Railway Co LT-Debt-to-Total-Asset Related Terms

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Kyushu Railway Co Business Description

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Traded in Other Exchanges

9142:Japan

Address

3-25-21 Hakata-ekimae, Hakata-ku, Fukuoka, JPN, 812-8566

Website

https://www.jrkyushu.co.jp

Kyushu Railway, or JR Kyushu, is one of seven Japanese railway companies formed when the government privatized Japan Rail in 1987. The rail company services the island of Kyushu, which is just off the South of Japan mainland. Kyushu is colloquially referred to as the 10:10:10 region—covering about 10% of Japan's landmass, housing about 10% of Japan's population and producing about 10% of Japan's gross domestic product. JR Kyushu operates three businesses: rail transportation; real estate and hotels; and construction, retail, restaurants, and business services.

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