QLS Holdings Co (NGO:7075) LT-Debt-to-Total-Asset : 0.26 (As of Sep. 2024)

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What is QLS Holdings 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. QLS Holdings Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.26.

QLS Holdings Co's long-term debt to total assets ratio declined from Jun. 2023 (0.36) to Sep. 2024 (0.26). It may suggest that QLS Holdings Co is progressively becoming less dependent on debt to grow their business.

QLS Holdings Co LT-Debt-to-Total-Asset Historical Data

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

QLS Holdings Co Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.29

0.40

0.28

QLS Holdings Co Quarterly Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.36	0.31	0.30	0.28	0.26

QLS Holdings Co LT-Debt-to-Total-Asset Calculation

QLS Holdings Co'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 )
	=	1178.761	/	4288.195
	=	0.27

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	1116.406	/	4362.756
	=

QLS Holdings Co (NGO:7075) 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.

QLS Holdings Co LT-Debt-to-Total-Asset Related Terms

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QLS Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » QLS Holdings Co Ltd (NGO:7075) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

7075:Japan

Address

1-12-5 Namba Naka, 3rd floor, Namba Muromachi Building, Naniwa-ku, Osaka- shi, Osaka, JPN, 545-0053

Website

https://www.qlshd.co.jp

QLS Holdings Co Ltd is a Japanese based company engaged in the control and management of the business activities of a stock company.

QLS Holdings Co Headlines

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