Fast Fitness Japan (TSE:7092) LT-Debt-to-Total-Asset : 0.07 (As of Sep. 2024)

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What is Fast Fitness Japan 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. Fast Fitness Japan's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.07.

Fast Fitness Japan's long-term debt to total assets ratio declined from Jun. 2023 (0.14) to Sep. 2024 (0.07). It may suggest that Fast Fitness Japan is progressively becoming less dependent on debt to grow their business.

Fast Fitness Japan LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fast Fitness Japan'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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Fast Fitness Japan LT-Debt-to-Total-Asset Chart

Fast Fitness Japan Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.33

0.25

0.22

0.15

0.09

Fast Fitness Japan Quarterly Data
	Mar18	Mar19	Dec19	Mar20	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														0.14	0.12	0.10	0.09	0.07

Fast Fitness Japan LT-Debt-to-Total-Asset Calculation

Fast Fitness Japan's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	1863	/	21798
	=	0.09

Fast Fitness Japan'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 )
	=	1486	/	21114
	=

Fast Fitness Japan (TSE:7092) 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.

Fast Fitness Japan LT-Debt-to-Total-Asset Related Terms

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Fast Fitness Japan Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Fast Fitness Japan Inc (TSE:7092) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Shinjuku-ku, 6-12-1 Park West 6th Floor, Nishi-Shinjuku, Tokyo, JPN, 160-0023

Website

https://fastfitnessjapan.jp

Fast Fitness Japan Inc is an operator of fitness club in Japan. The company engages in planning and management of fitness club under the name anytime fitness.

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