Lifedrink Co (TSE:2585) LT-Debt-to-Total-Asset : 0.35 (As of Sep. 2024)

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What is Lifedrink 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. Lifedrink Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.35.

Lifedrink Co's long-term debt to total assets ratio increased from Sep. 2023 (0.31) to Sep. 2024 (0.35). It may suggest that Lifedrink Co is progressively becoming more dependent on debt to grow their business.

Lifedrink Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lifedrink 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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Lifedrink Co LT-Debt-to-Total-Asset Chart

Lifedrink Co Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.67

0.29

0.18

0.23

0.37

Lifedrink Co Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.31	0.35	0.37	-	0.35

Lifedrink Co LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	11305	/	30646
	=	0.37

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	11364	/	32300
	=	0.35

Lifedrink Co (TSE:2585) 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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Lifedrink Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Lifedrink Co Ltd (TSE:2585) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-10 Umeda, Osaka-shi Kita-ku, Umeda Dai Building, 10th floor, Osaka, JPN, 530-0001

Website

https://www.ld-company.com

Lifedrink Co Ltd is engaged in the manufacture and sales of beverage such as mineral water, tea-based beverages, carbonated beverages and others.

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