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IRidge (TSE:3917) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2024)


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What is IRidge 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. IRidge's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.11.

IRidge's long-term debt to total assets ratio increased from Jun. 2023 (0.09) to Sep. 2024 (0.11). It may suggest that IRidge is progressively becoming more dependent on debt to grow their business.


IRidge LT-Debt-to-Total-Asset Historical Data

The historical data trend for IRidge'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.

* Premium members only.

IRidge LT-Debt-to-Total-Asset Chart

IRidge Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Mar20 Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.08 0.06 0.09 0.12

IRidge Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.08 0.07 0.12 0.11

IRidge LT-Debt-to-Total-Asset Calculation

IRidge's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )/Total Assets (A: Mar. 2024 )
=675/5501.757
=0.12

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

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=555/5274.379
=

* 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.


IRidge  (TSE:3917) 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.


IRidge LT-Debt-to-Total-Asset Related Terms

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IRidge Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-11-9 Azabudai, Minato-ku, BPF Place Kamiyacho 9th and 10th floor, Tokyo, JPN, 106-0041
IRidge Inc is engaged in the development and management of internet services. It is engaged in developing and offering O2O application, O2O big data, position information analysis marketing, AI speaker skill centering on next generation O2O solution.

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