ICHIF (Ichigo) LT-Debt-to-Total-Asset : 0.57 (As of May. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Ichigo 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. Ichigo's long-term debt to total assests ratio for the quarter that ended in May. 2024 was 0.57.

Ichigo's long-term debt to total assets ratio declined from May. 2023 (0.58) to May. 2024 (0.57). It may suggest that Ichigo is progressively becoming less dependent on debt to grow their business.

Ichigo LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ichigo'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.

* Premium members only.

Ichigo LT-Debt-to-Total-Asset Chart

Ichigo Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.59

0.58

0.51

Ichigo Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.58	0.56	0.55	0.51	0.57

Ichigo LT-Debt-to-Total-Asset Calculation

Ichigo's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	1240.611	/	2453.063
	=	0.51

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

LT Debt to Total Assets (Q: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2024 )	/	Total Assets (Q: May. 2024 )
	=	1371.144	/	2428.307
	=	0.56

Ichigo (OTCPK:ICHIF) 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.

Ichigo LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Ichigo's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Ichigo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ichigo Inc (OTCPK:ICHIF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

2337:Japan

Address

17F, The Imperial Hotel Tower, 1-1-1, Uchisaiwai-cho, Chiyoda-k, Tokyo, JPN, 100-0011

Website

https://www.ichigo.gr.jp

Ichigo Inc is a Japanese real estate owner and operator, and clean energy producer. It manages several real estate investment trusts and operates solar plants across Japan. REIT opportunities include midsize hotel and office properties. Revenue is generated through fees via the management of the Ichigo REIT and private funds, and other fee-generating real estate services related to sourcing, financing, operation, property management, facility management, and disposition of real estate assets. Additional income is generated through the sale of properties and rental income. Clean Energy services involve the production of mega solar power.