MUGEN ESTATE Co (TSE:3299) LT-Debt-to-Total-Asset : 0.36 (As of Dec. 2024)

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What is MUGEN ESTATE 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. MUGEN ESTATE Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.36.

MUGEN ESTATE Co's long-term debt to total assets ratio declined from Sep. 2023 (0.42) to Dec. 2024 (0.36). It may suggest that MUGEN ESTATE Co is progressively becoming less dependent on debt to grow their business.

MUGEN ESTATE Co LT-Debt-to-Total-Asset Historical Data

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

MUGEN ESTATE Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.45

0.42

0.44

0.40

0.36

MUGEN ESTATE Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.42	0.40	0.45	0.38	0.36

MUGEN ESTATE Co LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	31829	/	87503
	=	0.36

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

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	31829	/	87503
	=

MUGEN ESTATE Co (TSE:3299) 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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MUGEN ESTATE Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » MUGEN ESTATE Co Ltd (TSE:3299) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

No. 19 No. 3, Mugen Nihonbashi Building, Hamamatsu-cho Sanchome 19, Tokyo, JPN, 103-0007

Website

http://www.mugen-estate.co.jp

MUGEN ESTATE Co Ltd is a Japanese real estate company. The company offers a diverse portfolio of versatile properties including residential-type owned condominiums, investment-type condominiums and office buildings. The company is involved in buying and selling of properties, leasing business, brokerage business, property management business, and interior and exterior refurbishment business.

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