Manabi-aid Co (TSE:184A) LT-Debt-to-Total-Asset : 0.06 (As of Oct. 2024)

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What is Manabi-aid 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. Manabi-aid Co's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.06.

Manabi-aid Co's long-term debt to total assets ratio declined from Apr. 2022 (0.16) to Oct. 2024 (0.06). It may suggest that Manabi-aid Co is progressively becoming less dependent on debt to grow their business.

Manabi-aid Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Manabi-aid 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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Manabi-aid Co LT-Debt-to-Total-Asset Chart

Manabi-aid Co Annual Data

Trend

Apr22

Apr23

Apr24

LT-Debt-to-Total-Asset

0.16

0.18

0.08

Manabi-aid Co Quarterly Data
	Apr22	Apr23	Jan24	Apr24	Oct24
LT-Debt-to-Total-Asset	0.16	0.18	0.13	0.08	0.06

Manabi-aid Co LT-Debt-to-Total-Asset Calculation

Manabi-aid Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (A: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Apr. 2024 )	/	Total Assets (A: Apr. 2024 )
	=	37.845	/	452.334
	=	0.08

Manabi-aid Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	26.847	/	430.754
	=

Manabi-aid Co (TSE:184A) 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.

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Manabi-aid Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Manabi-aid Co Ltd (TSE:184A) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-17-9 Hongo, Bunkyo-ku, Tokyo, JPN, 113-0033

Website

https://www.manabi-aid.jp

Manabi-aid Co Ltd is engaged in planning, development and provision of educational services via the Internet / Consulting for educational institutions / Management of cram schools.

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