Nihon House Holdings Co (TSE:1873) LT-Debt-to-Total-Asset : 0.16 (As of Jan. 2024)

View and export this data going back to 1988. Start your Free Trial

What is Nihon House Holdings 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. Nihon House Holdings Co's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.16.

Nihon House Holdings Co's long-term debt to total assets ratio increased from Jan. 2023 (0.15) to Jan. 2024 (0.16). It may suggest that Nihon House Holdings Co is progressively becoming more dependent on debt to grow their business.

Nihon House Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nihon House Holdings 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.

Nihon House Holdings Co LT-Debt-to-Total-Asset Chart

Nihon House Holdings Co Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.14

0.16

0.18

Nihon House Holdings Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.15	0.16	0.18	0.16

Nihon House Holdings Co LT-Debt-to-Total-Asset Calculation

Nihon House Holdings Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (A: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )	/	Total Assets (A: Oct. 2023 )
	=	7682	/	43705
	=	0.18

Nihon House Holdings Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	7335	/	44713
	=	0.16

Nihon House Holdings Co (TSE:1873) 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.

Nihon House Holdings Co LT-Debt-to-Total-Asset Related Terms

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

Nihon House Holdings Co (TSE:1873) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Nihon House Holdings Co Ltd (TSE:1873) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Iidabashi 4 - chome, Building 3 - 8, Chiyoda - ku, Tokyo, JPN, 102-0072

Website

http://www.nihonhouse-hd.co.jp

Nihon House Holdings Co Ltd designs, build and sell wooden houses and condominiums. It is engaged in the construction of residential buildings. It also provides infrastructure and transport permit.

Nihon House Holdings Co (TSE:1873) Headlines

No Headlines