Alpha Group (TSE:3322) LT-Debt-to-Total-Asset : 0.08 (As of Sep. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Alpha Group 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. Alpha Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.08.

Alpha Group's long-term debt to total assets ratio increased from Jun. 2023 (0.03) to Sep. 2024 (0.08). It may suggest that Alpha Group is progressively becoming more dependent on debt to grow their business.

Alpha Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alpha Group'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.

Alpha Group LT-Debt-to-Total-Asset Chart

Alpha Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.07

0.04

0.03

0.08

Alpha Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.05	0.07	0.08	0.08

Alpha Group LT-Debt-to-Total-Asset Calculation

Alpha Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	818.433	/	9686.144
	=	0.08

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

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	694.633	/	9120.13
	=

Alpha Group (TSE:3322) 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.

Alpha Group LT-Debt-to-Total-Asset Related Terms

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

Alpha Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Alpha Group Inc (TSE:3322) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Floor Higashi 1 - Chome Shibuya - ku, Tokyo Building Higashi Shibuya Building, Tokyo, JPN

Website

http://www.alpha-grp.co.jp

Alpha Group Inc is engaged in the sale of mobile phones and support services in Japan. It offers mobile communication terminal and brokers subscription of communication services, agency services of mail-order trading of office supplies for end-users. The company also provides Environmental Goods such as water delivery and sale of water dispenser; develops, operates, and manages power generation facilities.

Alpha Group Headlines

No Headlines