Maruchiyo Yamaokaya (TSE:3399) LT-Debt-to-Total-Asset : 0.16 (As of Apr. 2024)

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What is Maruchiyo Yamaokaya 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. Maruchiyo Yamaokaya's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.16.

Maruchiyo Yamaokaya's long-term debt to total assets ratio declined from Apr. 2023 (0.28) to Apr. 2024 (0.16). It may suggest that Maruchiyo Yamaokaya is progressively becoming less dependent on debt to grow their business.

Maruchiyo Yamaokaya LT-Debt-to-Total-Asset Historical Data

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

Maruchiyo Yamaokaya Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.27

0.26

0.27

0.26

0.18

Maruchiyo Yamaokaya Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.28	0.26	0.21	0.18	0.16

Maruchiyo Yamaokaya LT-Debt-to-Total-Asset Calculation

Maruchiyo Yamaokaya's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	1962.151	/	11163.578
	=	0.18

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

LT Debt to Total Assets (Q: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2024 )	/	Total Assets (Q: Apr. 2024 )
	=	1761.129	/	11182.95
	=	0.16

Maruchiyo Yamaokaya (TSE:3399) 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.

Maruchiyo Yamaokaya LT-Debt-to-Total-Asset Related Terms

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Maruchiyo Yamaokaya (TSE:3399) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Maruchiyo Yamaokaya Corp (TSE:3399) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

7-1-chome, Higashi Ganboshi East Hall, 4-32, Hokkaido, Sapporo, JPN, 007-0827

Website

http://www.yamaokaya.com

Maruchiyo Yamaokaya Corp is engaged in operating a direct chain ramen noodle restaurants called Ramen Yamaokaya mainly in Hokkaido and Kanto area. It has more than twenty-five types of regular menu. Its menu includes soy sauce, miso, salt, special miso, premium salt pork.

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