Takamatsu Construction Group Co (TSE:1762) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Takamatsu Construction Group 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. Takamatsu Construction Group Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.06.

Takamatsu Construction Group Co's long-term debt to total assets ratio declined from Dec. 2022 (0.07) to Dec. 2023 (0.06). It may suggest that Takamatsu Construction Group Co is progressively becoming less dependent on debt to grow their business.

Takamatsu Construction Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Takamatsu Construction Group 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.

Takamatsu Construction Group Co LT-Debt-to-Total-Asset Chart

Takamatsu Construction Group 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

0.07

0.06

Takamatsu Construction Group Co 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															0.06	0.07	0.06	0.06	0.06

Takamatsu Construction Group Co LT-Debt-to-Total-Asset Calculation

Takamatsu Construction Group 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 )
	=	15000	/	245149
	=	0.06

Takamatsu Construction Group Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	15000	/	250784
	=	0.06

Takamatsu Construction Group Co (TSE:1762) 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.

Takamatsu Construction Group Co LT-Debt-to-Total-Asset Related Terms

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

Takamatsu Construction Group Co (TSE:1762) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Takamatsu Construction Group Co Ltd (TSE:1762) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-2-3 Shinkitano, Yodogawa-ku, Osaka, JPN, 532-0025

Website

http://www.takamatsu-cg.co.jp

Takamatsu Construction Group Co Ltd is a Japan-based company, engages in the construction business. It operates through the following business division Construction business, Civil Engineering business, and Real Estate business. The Construction division offers general construction, remodeling, and renovation of residential and commercial buildings, and warehouses. The Civil Engineering division deals with the construction, repair, and maintenance of bridges, highways, tunnels, roads, and sewage systems. The Real Estate division offers real estate development, sales, leasing, and management.

Takamatsu Construction Group Co (TSE:1762) Headlines

No Headlines