TKLF (Tokyo Lifestyle Co) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2024)

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What is Tokyo Lifestyle 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. Tokyo Lifestyle Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.06.

Tokyo Lifestyle Co's long-term debt to total assets ratio declined from Sep. 2023 (0.07) to Sep. 2024 (0.06). It may suggest that Tokyo Lifestyle Co is progressively becoming less dependent on debt to grow their business.

Tokyo Lifestyle Co LT-Debt-to-Total-Asset Historical Data

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

Tokyo Lifestyle Co Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.09

0.08

0.19

0.08

0.06

Tokyo Lifestyle Co Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.09	0.08	0.07	0.06	0.06

Tokyo Lifestyle Co LT-Debt-to-Total-Asset Calculation

Tokyo Lifestyle 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 )
	=	8.389	/	141.997
	=	0.06

Tokyo Lifestyle 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 )
	=	8.843	/	158.736
	=	0.06

Tokyo Lifestyle Co (NAS:TKLF) 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.

Tokyo Lifestyle Co LT-Debt-to-Total-Asset Related Terms

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Tokyo Lifestyle Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tokyo Lifestyle Co Ltd (NAS:TKLF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Harumi Building, 2-5-9 Kotobashi, Sumida-Ku, Tokyo, JPN, 130-0022

Website

https://www.tokyolifestyle.com

Tokyo Lifestyle Co Ltd, formerly Yoshitsu Co Ltd is a retailer and wholesaler of Japanese beauty and health products, as well as other products. Its products include cosmetics, skincare, fragrance, and body care. The company's segment includes Directly-Operated Physical Stores; Online Stores and Services; and Franchise Stores and Wholesale Customers. The company generates maximum revenue from the Franchise Stores and Wholesale Customers segment. Geographically, the company generates maximum revenue from China followed by Japan and other overseas markets.