Japan Business Systems (TSE:5036) LT-Debt-to-Total-Asset : 0.17 (As of Mar. 2024)

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What is Japan Business Systems 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. Japan Business Systems's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.17.

Japan Business Systems's long-term debt to total assets ratio increased from Mar. 2023 (0.17) to Mar. 2024 (0.17). It may suggest that Japan Business Systems is progressively becoming more dependent on debt to grow their business.

Japan Business Systems LT-Debt-to-Total-Asset Historical Data

The historical data trend for Japan Business Systems'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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Japan Business Systems LT-Debt-to-Total-Asset Chart

Japan Business Systems Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

0.19

0.16

0.13

0.19

Japan Business Systems Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.17	0.12	0.19	0.17	0.17

Japan Business Systems LT-Debt-to-Total-Asset Calculation

Japan Business Systems's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	9285	/	49608
	=	0.19

Japan Business Systems'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 )
	=	8966	/	53404
	=	0.17

Japan Business Systems (TSE:5036) 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.

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Japan Business Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Japan Business Systems Inc (TSE:5036) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

1-23-1 Toranomon Minato-ku, Toranomon Hills Mori Tower, Tokyo, JPN, 105-6316

Website

https://www.jbs.co.jp

Japan Business Systems Inc is engaged in providing comprehensive IT support from DX strategy formulation to benefit actualization with a focus on Microsoft Cloud Services.

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