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Grantomato Co (TSE:7137) LT-Debt-to-Total-Asset : 0.27 (As of Aug. 2024)


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What is Grantomato 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. Grantomato Co's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.27.

Grantomato Co's long-term debt to total assets ratio declined from Aug. 2023 (0.30) to Aug. 2024 (0.27). It may suggest that Grantomato Co is progressively becoming less dependent on debt to grow their business.


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

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

Grantomato Co Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24
LT-Debt-to-Total-Asset
0.40 0.39 0.31 0.30 0.27

Grantomato Co Semi-Annual Data
Aug20 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.31 0.30 0.30 0.24 0.27

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

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

LT Debt to Total Assets (A: Aug. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )/Total Assets (A: Aug. 2024 )
=1540.894/5653.603
=0.27

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

LT Debt to Total Assets (Q: Aug. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )/Total Assets (Q: Aug. 2024 )
=1540.894/5653.603
=0.27

* 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.


Grantomato Co  (TSE:7137) 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.


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

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Grantomato Co Business Description

Traded in Other Exchanges
N/A
Address
9-5 Aza-shimotakenouchi, Mujinamori, Sukagawa, Sukagawa, JPN, 962-0723
Grantomato Co Ltd sells agricultural products such as fertilizers, greenhouses, and agricultural machinery to agricultural producers, and delivers agricultural products to consumers at low cost in cooperation with various partners.

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