SoftBank Group (FRA:SFT) LT-Debt-to-Total-Asset : 0.28 (As of Mar. 2024)

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What is SoftBank Group 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. SoftBank Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.28.

SoftBank Group's long-term debt to total assets ratio declined from Mar. 2023 (0.35) to Mar. 2024 (0.28). It may suggest that SoftBank Group is progressively becoming less dependent on debt to grow their business.

SoftBank Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for SoftBank Group'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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SoftBank Group LT-Debt-to-Total-Asset Chart

SoftBank Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.28

0.26

0.32

0.35

0.28

SoftBank Group 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															0.35	0.34	0.34	0.32	0.28

SoftBank Group LT-Debt-to-Total-Asset Calculation

SoftBank Group'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 )
	=	80387.996	/	286922.342
	=	0.28

SoftBank Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	80387.996	/	286922.342
	=	0.28

SoftBank Group (FRA:SFT) 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.

SoftBank Group LT-Debt-to-Total-Asset Related Terms

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SoftBank Group (FRA:SFT) Business Description

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Traded in Other Exchanges

SFTBY:USA SFTBF:USA SOFT:Mexico 9984:Japan SFT:Austria

Address

1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, JPN, 105-7303

Website

https://www.group.softbank

SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer ARM Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early stage investments. It is also general partner of the $100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet companies.

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