RCRRF (Recruit Holdings Co) LT-Debt-to-Total-Asset : 0.05 (As of Dec. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Recruit 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. Recruit Holdings Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.05.

Recruit Holdings Co's long-term debt to total assets ratio declined from Dec. 2023 (0.06) to Dec. 2024 (0.05). It may suggest that Recruit Holdings Co is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Recruit 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.

* Premium members only.

Recruit Holdings Co LT-Debt-to-Total-Asset Chart

Recruit Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.18

0.15

0.09

0.06

Recruit Holdings Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.06	-	0.06	0.05

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

Recruit 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 )
	=	1178.145	/	20989.69
	=	0.06

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	1013.976	/	18911.051
	=	0.05

Recruit Holdings Co (OTCPK:RCRRF) 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.

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

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

Recruit Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Recruit Holdings Co Ltd (OTCPK:RCRRF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

RCRUY:USA 6098:Japan 1RH:Germany

Address

1-9-2 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6640

Website

https://www.recruit-holdings.com

Recruit is a holding company for various technology and employment-related businesses. Recruit's primary business is its HR technology segment, in which it owns two out of three globally scaled employment-related platforms: www.indeed.com, an online marketplace for employment; and www.glassdoor.com, an online review site for employers. Recruit also owns various marketing businesses operating in Japan for life events and lifestyle, a software solutions business for small and medium-size enterprises, or SMEs, in Japan, and various staffing businesses operating throughout the developed world.