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Japan Craft Holdings Co (TSE:7135) LT-Debt-to-Total-Asset : 0.06 (As of Jun. 2024)


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What is Japan Craft 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. Japan Craft Holdings Co's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.06.

Japan Craft Holdings Co's long-term debt to total assets ratio declined from Jun. 2023 (0.08) to Jun. 2024 (0.06). It may suggest that Japan Craft Holdings Co is progressively becoming less dependent on debt to grow their business.


Japan Craft Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Japan Craft 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.

* Premium members only.

Japan Craft Holdings Co LT-Debt-to-Total-Asset Chart

Japan Craft Holdings Co Annual Data
Trend Jun22 Jun23
LT-Debt-to-Total-Asset
- 0.08

Japan Craft Holdings Co Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.08 0.08 0.06 0.06

Japan Craft Holdings Co LT-Debt-to-Total-Asset Calculation

Japan Craft Holdings Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )/Total Assets (A: Jun. 2023 )
=1072.449/12712.354
=0.08

Japan Craft Holdings Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )/Total Assets (Q: Jun. 2024 )
=649.462/11289.72
=0.06

* 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.


Japan Craft Holdings Co  (TSE:7135) 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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Japan Craft Holdings Co Business Description

Traded in Other Exchanges
Address
1-210, Takayashiro, Nagoya Meito-ku, Aichi, JPN, 465-0095
Japan Craft Holdings Co Ltd formerly Fujikyu Holdings Co Ltd is engaged in the retail business centered on yarn, handicraft supplies, fabrics, dressmaking goods, clothing and other life miscellaneous goods.

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