JAIC Co (TSE:7073) LT-Debt-to-Total-Asset : 0.33 (As of Jul. 2024)

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What is JAIC 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. JAIC Co's long-term debt to total assests ratio for the quarter that ended in Jul. 2024 was 0.33.

JAIC Co's long-term debt to total assets ratio declined from Jul. 2023 (0.35) to Jul. 2024 (0.33). It may suggest that JAIC Co is progressively becoming less dependent on debt to grow their business.

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

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

JAIC Co Annual Data

Trend

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

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0.20

0.36

0.21

0.32

0.29

JAIC Co Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.35	0.35	0.29	0.29	0.33

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

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

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	705.35	/	2437.249
	=	0.29

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

LT Debt to Total Assets (Q: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2024 )	/	Total Assets (Q: Jul. 2024 )
	=	888.257	/	2673.543
	=	0.33

JAIC Co (TSE:7073) 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.

JAIC Co LT-Debt-to-Total-Asset Related Terms

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JAIC Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » JAIC Co Ltd (TSE:7073) » Definitions » LT-Debt-to-Total-Asset

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Address

Jimbocho 101 Building 6th Floor, Kanda Jimbocho, Chiyoda-ku, Tokyo, JPN, 101-0051

Website

http://www.jaic-g.com

JAIC Co Ltd is engaged in providing integrated education recruitment consulting services. It is involved in various educational seminars business, employee education teaching material development and sales business, university support service and others.

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