Mullion Co (TSE:3494) LT-Debt-to-Total-Asset : 0.43 (As of Mar. 2024)

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What is Mullion 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. Mullion Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.43.

Mullion Co's long-term debt to total assets ratio increased from Mar. 2023 (0.42) to Mar. 2024 (0.43). It may suggest that Mullion Co is progressively becoming more dependent on debt to grow their business.

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

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

Mullion Co Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.41

0.37

0.38

0.43

Mullion 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	0.40	0.43	0.43	0.43

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

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

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	8092.776	/	18741.132
	=	0.43

Mullion 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 )
	=	7941.21	/	18475.246
	=	0.43

Mullion Co (TSE:3494) 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.

Mullion Co LT-Debt-to-Total-Asset Related Terms

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Mullion Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mullion Co Ltd (TSE:3494) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

3494:Japan

Address

9-11 Tomihisacho, Shinjuku-ku, Tokyo, JPN, 162-0067

Website

https://www.mullion.co.jp

Mullion Co Ltd is a Japanese real estate company. The company is engaged in leasing and managing a real estate rental property, and also engaged in the origination and placement of securitization products derived from real estate rental cash flow.

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