Ichigo Hotel REIT Investment (TSE:3463) LT-Debt-to-Total-Asset : 0.39 (As of Jul. 2024)

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What is Ichigo Hotel 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. Ichigo Hotel REIT Investment's long-term debt to total assests ratio for the quarter that ended in Jul. 2024 was 0.39.

Ichigo Hotel REIT Investment's long-term debt to total assets ratio increased from Jul. 2023 (0.09) to Jul. 2024 (0.39). It may suggest that Ichigo Hotel REIT Investment is progressively becoming more dependent on debt to grow their business.

Ichigo Hotel REIT Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ichigo Hotel 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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Ichigo Hotel REIT Investment LT-Debt-to-Total-Asset Chart

Ichigo Hotel REIT Investment Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

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0.32

0.31

0.21

0.09

0.39

Ichigo Hotel REIT Investment Semi-Annual Data
	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial													0.21	0.14	0.09	0.30	0.39

Ichigo Hotel REIT Investment LT-Debt-to-Total-Asset Calculation

Ichigo Hotel REIT Investment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (A: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )	/	Total Assets (A: Jul. 2024 )
	=	29470	/	74935.606
	=	0.39

Ichigo Hotel REIT Investment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (Q: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2024 )	/	Total Assets (Q: Jul. 2024 )
	=	29470	/	74935.606
	=	0.39

Ichigo Hotel REIT Investment (TSE:3463) 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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Ichigo Hotel REIT Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ichigo Hotel REIT Investment Corp (TSE:3463) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Marunouchi Park Building, 2-6-1 Marunouchi, 20th floor, Chiyoda-ku, Tokyo, JPN, 100-6920

Website

http://www.ichigo-hotel.co.jp

Ichigo Hotel REIT Investment Corp operates as a real estate investment trust (REIT) investing in hotel properties. Its investment portfolio includes hotel properties in Sapporo, Kushiro, Yokohama, Tokyo, Hamamatsu, Nagoya, Tokoname, Suzuka, Kyoto, Kobe, Okayama, Osaka, Matsuyama, Hiroshima, Fukuoka and Okinawa.

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