Kyodo Public Relations Co (TSE:2436) LT-Debt-to-Total-Asset : 0.07 (As of Jun. 2024)

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What is Kyodo Public Relations 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. Kyodo Public Relations Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.07.

Kyodo Public Relations Co's long-term debt to total assets ratio declined from Jun. 2023 (0.12) to Jun. 2024 (0.07). It may suggest that Kyodo Public Relations Co is progressively becoming less dependent on debt to grow their business.

Kyodo Public Relations Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kyodo Public Relations 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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Kyodo Public Relations Co LT-Debt-to-Total-Asset Chart

Kyodo Public Relations Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.10

0.12

0.13

0.09

Kyodo Public Relations Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.11	0.09	0.08	0.07

Kyodo Public Relations Co LT-Debt-to-Total-Asset Calculation

Kyodo Public Relations Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	487.526	/	5428.165
	=	0.09

Kyodo Public Relations Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	395.719	/	5447.82
	=	0.07

Kyodo Public Relations Co (TSE:2436) 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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Kyodo Public Relations Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Kyodo Public Relations Co Ltd (TSE:2436) » Definitions » LT-Debt-to-Total-Asset

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Address

Dowa Building, 7-2-22 Ginza, Chuo-ku, Tokyo, JPN, 104-8158

Website

http://www.kyodo-pr.co.jp

Kyodo Public Relations Co Ltd operates as a advertising agency in japan. The business of the company includes supporting, acting, consulting on public relation activities centered on media relations, and comprehensive communication service covering crisis management publicity, IR , and internet related work.

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