Yakuodo Holdings Co (TSE:7679) LT-Debt-to-Total-Asset : 0.11 (As of Aug. 2024)

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What is Yakuodo 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. Yakuodo Holdings Co's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.11.

Yakuodo Holdings Co's long-term debt to total assets ratio declined from Aug. 2023 (0.14) to Aug. 2024 (0.11). It may suggest that Yakuodo Holdings Co is progressively becoming less dependent on debt to grow their business.

Yakuodo Holdings Co LT-Debt-to-Total-Asset Historical Data

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

Yakuodo Holdings Co Annual Data

Trend

Feb20

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

0.09

0.22

0.20

0.19

0.16

Yakuodo Holdings Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.14	0.13	0.16	0.13	0.11

Yakuodo Holdings Co LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	10953	/	70784
	=	0.15

Yakuodo Holdings 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 )
	=	8681	/	77291
	=	0.11

Yakuodo Holdings Co (TSE:7679) 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.

Yakuodo Holdings Co LT-Debt-to-Total-Asset Related Terms

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Yakuodo Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Yakuodo Holdings Co Ltd (TSE:7679) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hiromiyazawa third Chiwari address 426, Iwate Prefecture, Shiwa District Yahaba Oaza, Shiwa, JPN, 28-3621

Website

https://www.yakuodo.co.jp

Yakuodo Holdings Co Ltd is a Japanese based company engaged in the drugstore chain and dispensing pharmacy management activities.

Yakuodo Holdings Co Headlines

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