Nippon Parking Development Co (TSE:2353) LT-Debt-to-Total-Asset : 0.26 (As of Jan. 2025)

View and export this data going back to 2004. Start your Free Trial

What is Nippon Parking Development 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. Nippon Parking Development Co's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.26.

Nippon Parking Development Co's long-term debt to total assets ratio declined from Jan. 2024 (0.39) to Jan. 2025 (0.26). It may suggest that Nippon Parking Development Co is progressively becoming less dependent on debt to grow their business.

Nippon Parking Development Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nippon Parking Development 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.

Nippon Parking Development Co LT-Debt-to-Total-Asset Chart

Nippon Parking Development Co Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.36

0.31

0.26

0.24

0.30

Nippon Parking Development Co Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.39	0.38	0.30	0.28	0.26

Nippon Parking Development Co LT-Debt-to-Total-Asset Calculation

Nippon Parking Development Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (A: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )	/	Total Assets (A: Jul. 2024 )
	=	12498.55	/	42136.619
	=	0.30

Nippon Parking Development Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	11726.169	/	44547.415
	=	0.26

Nippon Parking Development Co (TSE:2353) 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.

Nippon Parking Development Co LT-Debt-to-Total-Asset Related Terms

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

Nippon Parking Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nippon Parking Development Co Ltd (TSE:2353) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

3SY:Germany

Address

Osaka Fukoku Seimei Building, 2-4 Komatsubara-cho, Kita-ku, Osaka, JPN, 530-0018

Website

http://www.n-p-d.co.jp

Nippon Parking Development Co Ltd provides car parking solutions and services. The company is engaged in providing hospitality management upgrade solutions and planning to use the unused real estate assets for parking solutions. It also provides consultation in other aspects such as depreciation, maintenance, and repair costs of parking facilities. Its client base involves building owners, parking facility owners, hotel business owners, and store owners.

Nippon Parking Development Co Headlines

No Headlines