ESPOIR Co (NGO:3260) LT-Debt-to-Total-Asset : 0.79 (As of Aug. 2024)

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What is ESPOIR 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. ESPOIR Co's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.79.

ESPOIR Co's long-term debt to total assets ratio increased from Aug. 2023 (0.53) to Aug. 2024 (0.79). It may suggest that ESPOIR Co is progressively becoming more dependent on debt to grow their business.

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

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

ESPOIR Co Annual Data

Trend

Feb15

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Feb17

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Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.79

0.04

0.64

ESPOIR Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.53	0.58	0.64	0.79	0.79

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

ESPOIR Co'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 )
	=	729.8	/	1141.059
	=	0.64

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

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	722.6	/	918.168
	=	0.79

ESPOIR Co (NGO:3260) 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.

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

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ESPOIR Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » ESPOIR Co Ltd (NGO:3260) » Definitions » LT-Debt-to-Total-Asset

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Address

162 Science Building, 2nd Floor, Sone chome, Aichi Prefecture, Nagoya, JPN, 458-0035

Website

http://www.es-poir.co.jp

ESPOIR Co Ltd provides real estate services. It manages plans and develops real estate properties. It sells residential properties, as well as commercial facilities.

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