Sala (TSE:2734) LT-Debt-to-Total-Asset : 0.21 (As of May. 2024)

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What is Sala 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. Sala's long-term debt to total assests ratio for the quarter that ended in May. 2024 was 0.21.

Sala's long-term debt to total assets ratio increased from May. 2023 (0.20) to May. 2024 (0.21). It may suggest that Sala is progressively becoming more dependent on debt to grow their business.

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

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

Sala Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

LT-Debt-to-Total-Asset

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0.22

0.26

0.22

0.21

0.20

Sala Quarterly Data
	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.20	0.20	0.19	0.21

Sala LT-Debt-to-Total-Asset Calculation

Sala's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (A: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2023 )	/	Total Assets (A: Nov. 2023 )
	=	38091	/	189267
	=	0.20

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

LT Debt to Total Assets (Q: May. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2024 )	/	Total Assets (Q: May. 2024 )
	=	41701	/	196239
	=	0.21

Sala (TSE:2734) 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.

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

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Sala Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Sala Corp (TSE:2734) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

2734:Japan

Address

Sala Tower, 1-55 Ekimae-odori, Aichi Prefecture, Toyohashi, JPN, 440-8533

Website

http://www.sala.jp

Sala Corp is a holding company, engaged in the management and operation of subsidiaries. The company operates in Energy Supply and Solutions, Car Life Support, Logistics, Engineering and Maintenance, Animal Health Care, Hospitality, and other segments.

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