Tokyu Land (FRA:TOL) LT-Debt-to-Total-Asset : 0.48 (As of Dec. 2013)

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What is Tokyu Land 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. Tokyu Land's long-term debt to total assests ratio for the quarter that ended in Dec. 2013 was 0.48.

Tokyu Land's long-term debt to total assets ratio increased from Dec. 2012 (0.47) to Dec. 2013 (0.48). It may suggest that Tokyu Land is progressively becoming more dependent on debt to grow their business.

Tokyu Land LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tokyu Land'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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Tokyu Land LT-Debt-to-Total-Asset Chart

Tokyu Land Annual Data

Trend

Mar04

Mar05

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

LT-Debt-to-Total-Asset

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0.31

0.33

0.41

0.48

Tokyu Land Quarterly Data
	Dec08	Mar09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.47	0.48	0.47	0.47	0.48

Tokyu Land LT-Debt-to-Total-Asset Calculation

Tokyu Land's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2013 is calculated as

LT Debt to Total Assets (A: Mar. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2013 )	/	Total Assets (A: Mar. 2013 )
	=	6778.44	/	13998.176
	=	0.48

Tokyu Land's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

LT Debt to Total Assets (Q: Dec. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2013 )	/	Total Assets (Q: Dec. 2013 )
	=	5837.636	/	12182.138
	=	0.48

Tokyu Land (FRA:TOL) 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.

Tokyu Land LT-Debt-to-Total-Asset Related Terms

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Tokyu Land (FRA:TOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tokyu Land Corp (FRA:TOL) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

Website

http://www.tokyu-land.co.jp

Tokyu Land Corp is a real estate company engaged in seven business segments, namely real estate sales, contracted construction, retail sales, leasing of real estate, property management, resorts and real estate agents and other.