Flect Co (TSE:4414) LT-Debt-to-Total-Asset : 0.13 (As of Sep. 2024)

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What is Flect 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. Flect Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.13.

Flect Co's long-term debt to total assets ratio declined from Jun. 2023 (0.19) to Sep. 2024 (0.13). It may suggest that Flect Co is progressively becoming less dependent on debt to grow their business.

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

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

Flect Co Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.07

0.46

0.24

0.20

0.13

Flect Co Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial									0.19	0.17	0.15	0.13	0.13

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

Flect Co'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 )
	=	518.15	/	4010.314
	=	0.13

Flect Co'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 )
	=	485.96	/	3774.941
	=

Flect Co (TSE:4414) 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.

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

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Flect Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flect Co Ltd (TSE:4414) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-6 Uchisaiwai-cho, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

https://www.flect.co.jp

Flect Co Ltd is engaged in the Cloud integration service for digital transformation, and mobility business optimization SaaS Cariot servicres.

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