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ESCON Japan REIT Investment (TSE:2971) LT-Debt-to-Total-Asset : 0.38 (As of Jul. 2023)


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What is ESCON Japan REIT Investment 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. ESCON Japan REIT Investment's long-term debt to total assests ratio for the quarter that ended in Jul. 2023 was 0.38.

ESCON Japan REIT Investment's long-term debt to total assets ratio increased from Jul. 2022 (0.31) to Jul. 2023 (0.38). It may suggest that ESCON Japan REIT Investment is progressively becoming more dependent on debt to grow their business.


ESCON Japan REIT Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for ESCON Japan REIT Investment'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.

ESCON Japan REIT Investment LT-Debt-to-Total-Asset Chart

ESCON Japan REIT Investment Annual Data
Trend Jul19 Jul20 Jul21 Jul22
LT-Debt-to-Total-Asset
0.44 0.44 0.26 0.31

ESCON Japan REIT Investment Semi-Annual Data
Oct17 Apr18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.31 0.31 0.37 0.38 -

ESCON Japan REIT Investment LT-Debt-to-Total-Asset Calculation

ESCON Japan REIT Investment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2022 is calculated as

LT Debt to Total Assets (A: Jul. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Jul. 2022 )/Total Assets (A: Jul. 2022 )
=23231/76014.351
=0.31

ESCON Japan REIT Investment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2023 is calculated as

LT Debt to Total Assets (Q: Jul. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jul. 2023 )/Total Assets (Q: Jul. 2023 )
=28481/75595.352
=0.38

* 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.


ESCON Japan REIT Investment  (TSE:2971) 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.


ESCON Japan REIT Investment LT-Debt-to-Total-Asset Related Terms

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ESCON Japan REIT Investment (TSE:2971) Business Description

Traded in Other Exchanges
N/A
Address
Try Edge Ochanomizu Building, 12th Floor, 4-2-5 kandasurugadai, Chiyoda-ku, Tokyo, JPN, 101-0062
ESCON Japan REIT Investment Corp is a Japanese real estate investment trust which invests in commercial properties. Its main investment is leasehold land properties known as "sokochi," with stable, high-quality commercial facilities occupying the site.

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