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Marui Group Co (FRA:MUI) LT-Debt-to-Total-Asset : 0.42 (As of Dec. 2023)


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What is Marui Group 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. Marui Group Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.42.

Marui Group Co's long-term debt to total assets ratio increased from Dec. 2022 (0.40) to Dec. 2023 (0.42). It may suggest that Marui Group Co is progressively becoming more dependent on debt to grow their business.

Marui Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Marui Group 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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Marui Group Co LT-Debt-to-Total-Asset Chart

Marui Group 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 0.41 0.39 0.40 0.45 0.48

Marui Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.45 0.43 0.44 0.42 0.48

Marui Group Co LT-Debt-to-Total-Asset Calculation

Marui Group 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 )
=2981.953/6162.258
=0.48

Marui Group Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=2830.328/6718.436
=0.42

* 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.

Marui Group Co  (FRA:MUI) 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.

Marui Group Co LT-Debt-to-Total-Asset Related Terms

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Marui Group Co (FRA:MUI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Marui Group Co Ltd (FRA:MUI) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
TSE:8253 TSE:7164 TSE:8572 TSE:8570 TSE:8425 TSE:8515 TSE:8584 TSE:8585 TSE:8566 TSE:8511 V MA AXP PYPL COF BOM:500034 IST:QNBFL DFS BOM:543257 SYF
Traded in Other Exchanges
MAURY:USA 8252:Japan
Address
4-3-2 Nakano, Nakano-ku, Tokyo, JPN, 164-8701
Website
http://www.0101maruigroup.co.jp
Marui Group Co Ltd operates group companies engaged in retail business and fintech business. It operates through two segments namely Retailing and Fintech. The Retailing segment engages in the management of commercial property rental, retailing operations of clothes and accessories, space production, advertising, apparel distribution, and management of buildings and other facilities. The FinTech segment engages in the credit card services, consumer loans, and the rent guarantee businesses; IT systems; and real estate rental.