As Partners Co (TSE:160A) LT-Debt-to-Total-Asset : 0.23 (As of Sep. 2024)

View and export this data going back to 2024. Start your Free Trial

What is As Partners 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. As Partners Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.23.

As Partners Co's long-term debt to total assets ratio declined from Mar. 2022 (0.24) to Sep. 2024 (0.23). It may suggest that As Partners Co is progressively becoming less dependent on debt to grow their business.

As Partners Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for As Partners 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.

As Partners Co LT-Debt-to-Total-Asset Chart

As Partners Co Annual Data

Trend

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.24

0.27

0.22

As Partners Co Quarterly Data
	Mar22	Mar23	Dec23	Mar24	Sep24
LT-Debt-to-Total-Asset	0.24	0.27	0.22	0.22	0.23

As Partners Co LT-Debt-to-Total-Asset Calculation

As Partners 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 )
	=	3486.41	/	15952.381
	=	0.22

As Partners 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 )
	=	4161.557	/	18130.453
	=

As Partners Co (TSE:160A) 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.

As Partners Co LT-Debt-to-Total-Asset Related Terms

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

As Partners Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » As Partners Co Ltd (TSE:160A) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2 Kandasurugadai, Chiyoda-ku, Tokyo, JPN, 1010062

Website

https://www.as-partners.co.jp

As Partners Co Ltd is engaged in two business Senior business and Real estate business. Senior business includes management of nursing homes (paid nursing homes with nursing care) (life care for residents of general specified facilities), day services, and short stays. Real estate business includes real estate ownership, residential lot sales, real estate revitalization consulting, etc.

As Partners Co Headlines

No Headlines