Tosei Reit Investment (TSE:3451) LT-Debt-to-Total-Asset : 0.39 (As of Apr. 2024)

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What is Tosei 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. Tosei Reit Investment's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.39.

Tosei Reit Investment's long-term debt to total assets ratio declined from Apr. 2023 (0.41) to Apr. 2024 (0.39). It may suggest that Tosei Reit Investment is progressively becoming less dependent on debt to grow their business.

Tosei Reit Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tosei 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.

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Tosei Reit Investment LT-Debt-to-Total-Asset Chart

Tosei Reit Investment Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

LT-Debt-to-Total-Asset

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0.40

0.42

0.41

Tosei Reit Investment Semi-Annual Data
	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.40	0.41	0.41	0.41	0.39

Tosei Reit Investment LT-Debt-to-Total-Asset Calculation

Tosei Reit Investment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (A: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )	/	Total Assets (A: Oct. 2023 )
	=	35300	/	86611.475
	=	0.41

Tosei Reit Investment'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 )
	=	35100	/	89876.846
	=	0.39

Tosei Reit Investment (TSE:3451) 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.

Tosei Reit Investment LT-Debt-to-Total-Asset Related Terms

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Tosei Reit Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tosei Reit Investment Corp (TSE:3451) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

4-5-4 Shibaura, Tamachi Tosei Building, Minato-ku, Tokyo, JPN

Website

https://www.toseicorp.co.jp

Tosei Reit Investment Corp is a Japanese company operating in the real estate industry. The company invests in real estate and other assets and the investments are spread across Offices, Commercial facility and Housing.

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