GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Value Golf Inc (TSE:3931) » Definitions » LT-Debt-to-Total-Asset

Value Golf (TSE:3931) LT-Debt-to-Total-Asset : 0.08 (As of Jul. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Value Golf 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. Value Golf's long-term debt to total assests ratio for the quarter that ended in Jul. 2024 was 0.08.

Value Golf's long-term debt to total assets ratio increased from Jul. 2023 (0.05) to Jul. 2024 (0.08). It may suggest that Value Golf is progressively becoming more dependent on debt to grow their business.


Value Golf LT-Debt-to-Total-Asset Historical Data

The historical data trend for Value Golf'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.

Value Golf LT-Debt-to-Total-Asset Chart

Value Golf Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.08 0.08 0.06 0.05

Value Golf Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.05 0.05 0.05 0.06 0.08

Value Golf LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Jan. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )/Total Assets (A: Jan. 2024 )
=123.436/2634.493
=0.05

Value Golf'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 )
=218.522/2796.715
=0.08

* 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.


Value Golf  (TSE:3931) 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.


Value Golf LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Value Golf's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Value Golf Business Description

Traded in Other Exchanges
N/A
Address
Shiba 4-chome Minato-ku, Tokyo Fast Okada Building, 4th and 5th floor, Tokyo, JPN, 108-0014
Value Golf Inc is engaged in the management of golf-related media, issues Golf magazines, and manages WEB services, develops systems and provides ASP services related to golf. It offers value service in both real and WEB. It also has advertisement media production business and medical business which include publication, service management for medical institutions.

Value Golf Headlines

No Headlines