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Asua (TSE:246A) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2024)


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What is Asua 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. Asua's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.03.

Asua's long-term debt to total assets ratio declined from Jun. 2022 (0.12) to Jun. 2024 (0.03). It may suggest that Asua is progressively becoming less dependent on debt to grow their business.

Asua LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asua'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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Asua LT-Debt-to-Total-Asset Chart

Asua Annual Data
Trend Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset
0.12 0.08 0.03

Asua Semi-Annual Data
Jun22 Jun23 Jun24
LT-Debt-to-Total-Asset 0.12 0.08 0.03

Asua LT-Debt-to-Total-Asset Calculation

Asua's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )/Total Assets (A: Jun. 2024 )
=39.75/1166.743
=0.03

Asua'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 )
=39.75/1166.743
=0.03

* 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.

Asua  (TSE:246A) 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.

Asua LT-Debt-to-Total-Asset Related Terms

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Asua Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Asua Inc (TSE:246A) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
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Traded in Other Exchanges
N/A
Address
1Chome-11 Koganedori Nakamura-ku, Aichi, Nagoya-shi, JPN, 453-0804
Website
https://www.asua.ne.jp
Asua Inc is engaged in consulting for logistics companies on such as safety activities, Sales of telecommunications equipment, and Development of CRM, etc.

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