FamilyMart Co (FamilyMart Co) LT-Debt-to-Total-Asset : 0.26 (As of Aug. 2023)

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What is FamilyMart 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. FamilyMart Co's long-term debt to total assests ratio for the quarter that ended in Aug. 2023 was 0.26.

FamilyMart Co's long-term debt to total assets ratio declined from Aug. 2022 (0.28) to Aug. 2023 (0.26). It may suggest that FamilyMart Co is progressively becoming less dependent on debt to grow their business.

FamilyMart Co LT-Debt-to-Total-Asset Historical Data

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

FamilyMart Co Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

LT-Debt-to-Total-Asset

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0.19

0.34

0.26

0.28

0.27

FamilyMart Co Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	0.28	0.28	0.27	0.26

FamilyMart Co LT-Debt-to-Total-Asset Calculation

FamilyMart Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

LT Debt to Total Assets (A: Feb. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2023 )	/	Total Assets (A: Feb. 2023 )
	=	3334.065	/	12409.928
	=	0.27

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

LT Debt to Total Assets (Q: Aug. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2023 )	/	Total Assets (Q: Aug. 2023 )
	=	3045.488	/	11947.418
	=	0.25

FamilyMart Co (OTCPK:FYRTY) 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.

FamilyMart Co LT-Debt-to-Total-Asset Related Terms

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FamilyMart Co (FamilyMart Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » FamilyMart Co Ltd (OTCPK:FYRTY) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

3-1-2, Shibaura, Minato-ku, Msb Tamachi Tamachi Station Tower S 9th Floor, Tokyo, JPN, 108-0023

Website

https://www.family.co.jp

FamilyMart is a Japanese convenience-store, or C-store, chain operating about 16,500 stores under a franchise business model. It has emerged as the second-largest C-store chain after the completion of a merger with Uny in August 2016. It also operates about 7,900 stores in Asia, and is developing its presence in China and Southeast Asia. C-store operations represent more than 90% of group operating revenue and nearly all operating profits after the divestiture of Uny in January 2019.

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