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Agile Media Network (TSE:6573) LT-Debt-to-Total-Asset : 0.47 (As of Mar. 2024)


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What is Agile Media Network 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. Agile Media Network's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.47.

Agile Media Network's long-term debt to total assets ratio declined from Mar. 2023 (0.71) to Mar. 2024 (0.47). It may suggest that Agile Media Network is progressively becoming less dependent on debt to grow their business.


Agile Media Network LT-Debt-to-Total-Asset Historical Data

The historical data trend for Agile Media Network'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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Agile Media Network LT-Debt-to-Total-Asset Chart

Agile Media Network Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only 0.05 0.43 0.47 0.36 0.40

Agile Media Network Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 1.04 0.28 0.40 0.47

Agile Media Network LT-Debt-to-Total-Asset Calculation

Agile Media Network's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=138.324/349.275
=0.40

Agile Media Network'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 )
=131.358/279.688
=0.47

* 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.


Agile Media Network  (TSE:6573) 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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Agile Media Network (TSE:6573) Business Description

Traded in Other Exchanges
N/A
Address
Toranomon 33 Mori Building, 4 Floor 3-8-21, Minato-ku, Tokyo, JPN, 105-0001
Agile Media Network Inc is a Japan-based company engages in the provision of marketing services. It is involved in the advertisement distribution agency and information service businesses using the Internet; and Internet-related system development, Internet-related seminars and event, and publishing businesses.

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