Kakuyasu Group Co (TSE:7686) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Kakuyasu Group 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. Kakuyasu Group Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.06.

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

Kakuyasu Group Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kakuyasu Group 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.

Kakuyasu Group Co LT-Debt-to-Total-Asset Chart

Kakuyasu Group Co Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.16

0.14

0.10

0.07

Kakuyasu Group Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.07	0.07	-	0.06

Kakuyasu Group Co LT-Debt-to-Total-Asset Calculation

Kakuyasu Group Co'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 )
	=	2233	/	33953
	=	0.07

Kakuyasu Group Co'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 )
	=	1894	/	34077
	=	0.06

Kakuyasu Group Co (TSE:7686) 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.

Kakuyasu Group Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Kakuyasu Group Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Kakuyasu Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kakuyasu Group Co Ltd (TSE:7686) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3-1, Toshima, Kita-ku, Tokyo, JPN

Website

https://corp.kakuyasu.co.jp

Kakuyasu Group Co Ltd is engaged in wholesaling and retailing of alcoholic beverages and other food products. The company sells alcoholic beverages, seasonings and food materials to restaurants in Tokyo.

Kakuyasu Group Co Headlines

No Headlines