Hakuhodo DY Holdings (TSE:2433) LT-Debt-to-Total-Asset : 0.01 (As of Dec. 2023)

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What is Hakuhodo DY Holdings 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. Hakuhodo DY Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.01.

Hakuhodo DY Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.11) to Dec. 2023 (0.01). It may suggest that Hakuhodo DY Holdings is progressively becoming less dependent on debt to grow their business.

Hakuhodo DY Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hakuhodo DY Holdings'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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Hakuhodo DY Holdings LT-Debt-to-Total-Asset Chart

Hakuhodo DY Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.12

0.11

0.01

Hakuhodo DY Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.01	0.01	0.01	0.01

Hakuhodo DY Holdings LT-Debt-to-Total-Asset Calculation

Hakuhodo DY Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	9157	/	1026415
	=	0.01

Hakuhodo DY Holdings'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 )
	=	5014	/	1043526
	=	0.00

Hakuhodo DY Holdings (TSE:2433) 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.

Hakuhodo DY Holdings LT-Debt-to-Total-Asset Related Terms

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Hakuhodo DY Holdings (TSE:2433) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hakuhodo DY Holdings Inc (TSE:2433) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

HKUOY:USA HKUOF:USA

Address

5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6320

Website

http://www.hakuhodody-holdings.co.jp

Hakuhodo DY Holdings Inc is a Japanese holding company that owns advertising companies, integrated media companies, and creative solutions companies. The company earns most of its revenue from its two largest segments, mass media services and marketing promotion. The mass media segments focus on television, newspaper, and magazine advertising. The company's marketing promotion segment focuses on Internet, creative, and promotional services. While the vast majority of the historical company's revenue was derived from Japan, Hakuhodo is expanding internationally through its over 250 subsidiaries around the world.

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