Japan Craft Holdings Co (TSE:7135) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2023)

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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 Dec. 2023 was 0.08.

Japan Craft Holdings Co's long-term debt to total assets ratio increased from Dec. 2022 (0.07) to Dec. 2023 (0.08). It may suggest that Japan Craft Holdings Co is progressively becoming more 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.

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

Japan Craft Holdings Co Annual Data

Trend

Jun22

LT-Debt-to-Total-Asset

Japan Craft Holdings Co Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.07	0.08	0.08	0.08	0.08

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. 2022 is calculated as

LT Debt to Total Assets (A: Jun. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2022 )	/	Total Assets (A: Jun. 2022 )
	=	11.633	/	10193.027
	=	0.00

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

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	966.233	/	12493.12
	=	0.08

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 (TSE:7135) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Japan Craft Holdings Co Ltd (TSE:7135) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

7135:Japan

Address

1-210, Takayashiro, Nagoya Meito-ku, Aichi, JPN, 465-0095

Website

https://www.jcraft-hd.co.jp

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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