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ETS Group Co (TSE:253A) LT-Debt-to-Total-Asset : 0.19 (As of Mar. 2024)


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What is ETS Group 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. ETS Group Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.19.

ETS Group Co's long-term debt to total assets ratio increased from Mar. 2023 (0.17) to Mar. 2024 (0.19). It may suggest that ETS Group Co is progressively becoming more dependent on debt to grow their business.


ETS Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for ETS Group 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.

ETS Group Co LT-Debt-to-Total-Asset Chart

ETS Group Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.08 0.09 0.16 0.19

ETS Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.19 0.19 0.19 0.19

ETS Group Co LT-Debt-to-Total-Asset Calculation

ETS Group Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )/Total Assets (A: Sep. 2023 )
=1250.665/6673.903
=0.19

ETS Group Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )/Total Assets (Q: Mar. 2024 )
=1485.984/7826.235
=0.19

* 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.


ETS Group Co  (TSE:253A) 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.


ETS Group Co LT-Debt-to-Total-Asset Related Terms

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ETS Group Co Business Description

Traded in Other Exchanges
N/A
Address
1-10-13 Minamiikebukuro, Toshima - ku, Tokyo, JPN, 171-0022
ETS Group Co Ltd is engaged in the operation of group companies that operate electrical construction business and building management and cleaning services, etc.

ETS Group Co Headlines

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