Star Asia Investment (TSE:3468) LT-Debt-to-Total-Asset : 0.42 (As of Jul. 2024)

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What is Star Asia 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. Star Asia Investment's long-term debt to total assests ratio for the quarter that ended in Jul. 2024 was 0.42.

Star Asia Investment's long-term debt to total assets ratio increased from Jul. 2023 (0.39) to Jul. 2024 (0.42). It may suggest that Star Asia Investment is progressively becoming more dependent on debt to grow their business.

Star Asia Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Star Asia 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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Star Asia Investment LT-Debt-to-Total-Asset Chart

Star Asia Investment Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

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0.29

0.32

0.38

0.39

0.42

Star Asia Investment Semi-Annual Data
	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.38	0.39	0.39	0.42	0.42

Star Asia Investment LT-Debt-to-Total-Asset Calculation

Star Asia 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 )
	=	109755	/	258678.309
	=	0.42

Star Asia 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 )
	=	109755	/	258678.309
	=	0.42

Star Asia Investment (TSE:3468) 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.

Star Asia Investment LT-Debt-to-Total-Asset Related Terms

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Star Asia Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Star Asia Investment Corp (TSE:3468) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

2-5-1, Atago, 18th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-0002

Website

http://www.starasia-reit.com

Star Asia Investment Corp is a real estate investment trust (REIT). The company mainly invests in real estate properties such as business offices, logistics facilities, residential buildings and hotels. It aims to achieve internal and external growth in asset and maximize investors' profit from mid-term to long-term perspectives.

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