Dualtap Co (TSE:3469) LT-Debt-to-Total-Asset : 0.30 (As of Mar. 2024)

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What is Dualtap Co 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. Dualtap Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.30.

Dualtap Co's long-term debt to total assets ratio declined from Mar. 2023 (0.42) to Mar. 2024 (0.30). It may suggest that Dualtap Co is progressively becoming less dependent on debt to grow their business.

Dualtap Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Dualtap Co'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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Dualtap Co LT-Debt-to-Total-Asset Chart

Dualtap Co Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.19

0.23

0.28

0.18

0.48

Dualtap Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.42	0.48	0.31	0.43	0.30

Dualtap Co LT-Debt-to-Total-Asset Calculation

Dualtap Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	2541.698	/	5277.312
	=	0.48

Dualtap Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	2144.313	/	7107.774
	=	0.30

Dualtap Co (TSE:3469) 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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Dualtap Co (TSE:3469) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Dualtap Co Ltd (TSE:3469) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Nishi Shinagawa 1 - chome Shinagawa - ku, Sumitomo Real Estate Osaki Garden Tower 12th Floor, Tokyo, JPN, 141-0033

Website

http://www.dualtap.co.jp

Dualtap Co Ltd is a real estate company. It is engaged in real estate planning and development, real estate sales business, property management, hotel business, and insurance services. It has own brand XEBEC (Jebeck) series of condominiums which operates globally.

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