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Alt (TSE:260A) LT-Debt-to-Total-Asset : 0.36 (As of Jun. 2024)


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What is Alt 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. Alt's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.36.

Alt's long-term debt to total assets ratio increased from . 20 (0.00) to Jun. 2024 (0.36). It may suggest that Alt is progressively becoming more dependent on debt to grow their business.

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

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

Alt Annual Data
Trend Dec22 Dec23
LT-Debt-to-Total-Asset
0.02 0.01

Alt Quarterly Data
Dec22 Dec23 Jun24
LT-Debt-to-Total-Asset 0.02 0.01 0.36

Alt LT-Debt-to-Total-Asset Calculation

Alt'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 )
=44.119/3397.485
=0.01

Alt'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 )
=1338.797/3721.124
=

* 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.

Alt  (TSE:260A) 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.

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

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7-15-7 Roppongi, Shin Roppongi Building, Minato-ku, Tokyo, JPN, 106-0032
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https://alt.ai
Alt Inc is engaged in the Research and development of elemental technologies aimed at the ultimate goal of developing personalized digital clones, deployment of product groups that apply these technologies (such as Communication Intelligence AI GIJIROKU), and provision of AI solutions.

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