Sapporo Holdings (Sapporo Holdings) LT-Debt-to-Total-Asset : 0.30 (As of Mar. 2024)

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What is Sapporo Holdings 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. Sapporo Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.30.

Sapporo Holdings's long-term debt to total assets ratio increased from Mar. 2023 (0.29) to Mar. 2024 (0.30). It may suggest that Sapporo Holdings is progressively becoming more dependent on debt to grow their business.

Sapporo Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Sapporo Holdings'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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Sapporo Holdings LT-Debt-to-Total-Asset Chart

Sapporo Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.28

0.29

0.26

0.27

0.31

Sapporo Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.29	0.32	0.30	0.31	0.30

Sapporo Holdings LT-Debt-to-Total-Asset Calculation

Sapporo Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1405.09	/	4608.738
	=	0.30

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

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1328.92	/	4455.722
	=	0.30

Sapporo Holdings (OTCPK:SOOBF) 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.

Sapporo Holdings LT-Debt-to-Total-Asset Related Terms

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Sapporo Holdings (Sapporo Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Sapporo Holdings Ltd (OTCPK:SOOBF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

2501:Japan SBW:Germany

Address

20-1, Ebisu 4-chome, Shibuya-ku, Tokyo, JPN, 150-8522

Website

http://www.sapporoholdings.jp

Sapporo Holdings Ltd primarily sells alcoholic beverages, food, and soft drinks. Alcoholic beverage sales in Japan, which consist mostly of beer sales under the Sapporo and Yebisu brand names, make up more than half of Sapporo's total revenue. Roughly a quarter of Sapporo's revenue is from its Food and Soft Drink business, which includes its Café de Crie coffee shops in addition to many brands and products. Sapporo has international food and beverage sales in North America and other parts of Asia. Sapporo's remaining revenue comes from its restaurants, which are in Japan and operate under brand names including Ginza Lion Beer Hall and Yebisu Bar, and its real estate business, which develops, leases, and manages commercial complexes and office buildings in Japan.

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