Access Group Holdings Co (TSE:7042) LT-Debt-to-Total-Asset : 0.08 (As of Sep. 2024)

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What is Access Group Holdings 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. Access Group Holdings Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.08.

Access Group Holdings Co's long-term debt to total assets ratio increased from Jun. 2023 (0.06) to Sep. 2024 (0.08). It may suggest that Access Group Holdings Co is progressively becoming more dependent on debt to grow their business.

Access Group Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Access Group Holdings 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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Access Group Holdings Co LT-Debt-to-Total-Asset Chart

Access Group Holdings Co Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

LT-Debt-to-Total-Asset

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0.03

0.12

0.09

Access Group Holdings Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.06	0.05	0.09	0.09	0.08

Access Group Holdings Co LT-Debt-to-Total-Asset Calculation

Access Group Holdings Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (A: Sep. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2022 )	/	Total Assets (A: Sep. 2022 )
	=	215.103	/	2342.811
	=	0.09

Access Group Holdings Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	167.172	/	2123.755
	=

Access Group Holdings Co (TSE:7042) 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.

Access Group Holdings Co LT-Debt-to-Total-Asset Related Terms

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Access Group Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Access Group Holdings Co Ltd (TSE:7042) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

15th Floor, Shin-Aoyama Building, Building 1-1-1, Minami Aoyama Minato-ku, Tokyo, JPN, 107-0062

Website

https://www.access-t.co.jp

Access Group Holdings Co Ltd is engaged in the promotion, human resource recruitment public relations, and school public relations businesses. Under the Promotion business it supports sales promotion activities of companies and corporations. Under the human resource recruitment public relation, it is focused on public relations projects for young people, mainly graduates. Further, it also plans and manages employment information sites and joint company briefing sessions; and offers recruitment support service; and the School public relation business plans and operates admission information site, junior high school information magazine, newspaper coalition, and joint explanatory meeting, as well as produces various publicity tools, including Website and Web application system.

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