True Data (TSE:4416) LT-Debt-to-Total-Asset : 0.00 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is True Data 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. True Data's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.00.

True Data's long-term debt to total assets ratio declined from Mar. 2023 (0.03) to Mar. 2024 (0.00). It may suggest that True Data is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for True Data'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.

True Data LT-Debt-to-Total-Asset Chart

True Data Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.09

0.11

0.05

0.03

True Data Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.03	0.02	0.01	0.01	-

True Data LT-Debt-to-Total-Asset Calculation

True Data'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 )
	=	5.48	/	1362.572
	=	0.00

True Data'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 )
	=	5.48	/	1362.572
	=	0.00

True Data (TSE:4416) 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.

True Data LT-Debt-to-Total-Asset Related Terms

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

True Data Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » True Data Inc (TSE:4416) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-10-11 Shibadaimon, Minato-ku, Tokyo, JPN, 105?0012

Website

https://www.truedata.co.jp

True Data Inc operates a big data platform that handles consumer purchasing data nationwide. It develops and provides consumer data analysis and purchasing behavior analysis solutions such as POS / ID-POS to retailers and consumer goods manufacturers.

True Data Headlines

No Headlines