Cross Marketing Group (TSE:3675) LT-Debt-to-Total-Asset : 0.17 (As of Dec. 2024)

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What is Cross Marketing Group 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. Cross Marketing Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.17.

Cross Marketing Group's long-term debt to total assets ratio declined from Sep. 2023 (0.19) to Dec. 2024 (0.17). It may suggest that Cross Marketing Group is progressively becoming less dependent on debt to grow their business.

Cross Marketing Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Cross Marketing Group'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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Cross Marketing Group LT-Debt-to-Total-Asset Chart

Cross Marketing Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.19

0.15

0.23

0.13

0.19

Cross Marketing Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.19	0.16	0.15	0.20	0.17

Cross Marketing Group LT-Debt-to-Total-Asset Calculation

Cross Marketing Group'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 )
	=	2758.918	/	14308.489
	=	0.19

Cross Marketing Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	2847.791	/	16856.076
	=

Cross Marketing Group (TSE:3675) 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.

Cross Marketing Group LT-Debt-to-Total-Asset Related Terms

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Cross Marketing Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Cross Marketing Group Inc (TSE:3675) » Definitions » LT-Debt-to-Total-Asset

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Address

Tokyo Opera City Tower, 24th Floor, 3-20-2 Nishishinjuku, Shinjuku-ku, Tokyo, JPN, 163-1424

Website

http://www.cross-m.co.jp

Cross Marketing Group Inc provides panel research services. It offers online, qualitative, quantitative, consumer behavioral, and medical research services.

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