Hoshino Resorts REIT (TSE:3287) LT-Debt-to-Total-Asset : 0.31 (As of Apr. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Hoshino Resorts REIT 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. Hoshino Resorts REIT's long-term debt to total assests ratio for the quarter that ended in Apr. 2023 was 0.31.

Hoshino Resorts REIT's long-term debt to total assets ratio increased from Apr. 2022 (0.30) to Apr. 2023 (0.31). It may suggest that Hoshino Resorts REIT is progressively becoming more dependent on debt to grow their business.

Hoshino Resorts REIT LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hoshino Resorts REIT'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.

Hoshino Resorts REIT LT-Debt-to-Total-Asset Chart

Hoshino Resorts REIT Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.28

0.31

0.33

0.32

0.30

Hoshino Resorts REIT Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.31	0.32	0.30	0.30	0.31

Hoshino Resorts REIT LT-Debt-to-Total-Asset Calculation

Hoshino Resorts REIT's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2022 is calculated as

LT Debt to Total Assets (A: Oct. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2022 )	/	Total Assets (A: Oct. 2022 )
	=	62118.558	/	205962.695
	=	0.30

Hoshino Resorts REIT's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2023 is calculated as

LT Debt to Total Assets (Q: Apr. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2023 )	/	Total Assets (Q: Apr. 2023 )
	=	63518.557	/	208555.585
	=	0.30

Hoshino Resorts REIT (TSE:3287) 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.

Hoshino Resorts REIT LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Hoshino Resorts REIT's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Hoshino Resorts REIT (TSE:3287) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hoshino Resorts REIT Inc (TSE:3287) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-14-4 Hattsuchoubori, Chuo-Ku, Tokyo, JPN, 104-0032

Website

http://www.hoshinoresort.com

Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.

Hoshino Resorts REIT (TSE:3287) Headlines

No Headlines