Tripla Co (TSE:5136) LT-Debt-to-Total-Asset : 0.09 (As of Oct. 2024)

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What is Tripla 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. Tripla Co's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.09.

Tripla Co's long-term debt to total assets ratio increased from Jul. 2023 (0.04) to Oct. 2024 (0.09). It may suggest that Tripla Co is progressively becoming more dependent on debt to grow their business.

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

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

Tripla Co Annual Data

Trend

Oct20

Oct21

Oct22

Oct23

Oct24

LT-Debt-to-Total-Asset

0.35

0.26

0.11

0.03

0.09

Tripla Co Quarterly Data
	Oct20	Oct21	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.04	0.03	0.05	0.09	0.09

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

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

LT Debt to Total Assets (A: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2024 )	/	Total Assets (A: Oct. 2024 )
	=	1018.196	/	10958.184
	=	0.09

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

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	1018.196	/	10958.184
	=

Tripla Co (TSE:5136) 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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Tripla Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tripla Co Ltd (TSE:5136) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-22-13 Shinkawa, Chuo-ku, Tokyo, JPN, 104-0033

Website

https://www.tripla.io

Tripla Co Ltd provides AI chatbot and hotel booking engine services as SaaS-easy to start and quickly enhance customer satisfaction.

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