The Chiba Bank (TSE:8331) LT-Debt-to-Total-Asset : 0.18 (As of Sep. 2024)

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What is The Chiba Bank 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. The Chiba Bank's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.18.

The Chiba Bank's long-term debt to total assets ratio increased from Sep. 2023 (0.13) to Sep. 2024 (0.18). It may suggest that The Chiba Bank is progressively becoming more dependent on debt to grow their business.

The Chiba Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Chiba Bank'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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The Chiba Bank LT-Debt-to-Total-Asset Chart

The Chiba Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.06

0.10

0.11

0.15

The Chiba Bank 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															0.13	0.13	0.15	0.17	0.18

The Chiba Bank LT-Debt-to-Total-Asset Calculation

The Chiba Bank'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 )
	=	3158999	/	21323895
	=	0.15

The Chiba Bank'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 )
	=	3812308	/	21829168
	=	0.17

The Chiba Bank (TSE:8331) 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.

The Chiba Bank LT-Debt-to-Total-Asset Related Terms

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The Chiba Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Chiba Bank Ltd (TSE:8331) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

CHBAY:USA CHBAF:USA CBR:Germany

Address

1-2 Chiba-Minato, Chuo-ku, Chiba-shi, Chiba, JPN, 260-8720

Website

https://www.chibabank.co.jp

The Chiba Bank Ltd provides banking products and services in Japan. Its only operating segment includes banking. The bank provides a wide range of services, including banking services like deposits, loans, and foreign exchange transactions; financial services such as leasing, securities brokerage, and credit cards; software development services; and business management and staffing services.

The Chiba Bank Headlines

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