BayCurrent Consulting (TSE:6532) LT-Debt-to-Total-Asset : 0.07 (As of Feb. 2024)

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What is BayCurrent Consulting 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. BayCurrent Consulting's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.07.

BayCurrent Consulting's long-term debt to total assets ratio increased from Feb. 2023 (0.03) to Feb. 2024 (0.07). It may suggest that BayCurrent Consulting is progressively becoming more dependent on debt to grow their business.

BayCurrent Consulting LT-Debt-to-Total-Asset Historical Data

The historical data trend for BayCurrent Consulting'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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BayCurrent Consulting LT-Debt-to-Total-Asset Chart

BayCurrent Consulting Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

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0.16

0.12

0.06

0.03

0.07

BayCurrent Consulting Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.03	0.10	0.08	0.07

BayCurrent Consulting LT-Debt-to-Total-Asset Calculation

BayCurrent Consulting's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	6835	/	99883
	=	0.07

BayCurrent Consulting's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	6835	/	99883
	=	0.07

BayCurrent Consulting (TSE:6532) 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.

BayCurrent Consulting LT-Debt-to-Total-Asset Related Terms

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BayCurrent Consulting (TSE:6532) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » BayCurrent Consulting Inc (TSE:6532) » Definitions » LT-Debt-to-Total-Asset

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BYCRF:USA

Address

23-1, Toranomon 1-Chome, Toranomon Hills Mori Tower, 9th floor, Minato-ku, Tokyo, JPN, 105-6309

Website

http://www.baycurrent.co.jp

BayCurrent Consulting Inc offers comprehensive consulting services in a wide variety of industries. It offers Strategy Business Process Consulting, Information Technology (IT) Consulting, and System Integration. The Strategy Business Process Consulting covers company or business strategy, M&A alliances, digital strategy, turn-around, globalization, innovation, and marketing or sales strategy. The IT Consulting includes IT strategy, governance, organizational improvement, cost optimization, architecture, asset evaluation, talent development, and Request for Proposal (RFP) creation. The System Integration handles system design, development and infrastructure operation and maintenance.

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