Hyakugo Bank (TSE:8368) LT-Debt-to-Total-Asset : 0.08 (As of Sep. 2024)

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What is Hyakugo 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. Hyakugo Bank's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.08.

Hyakugo Bank's long-term debt to total assets ratio declined from Sep. 2023 (0.11) to Sep. 2024 (0.08). It may suggest that Hyakugo Bank is progressively becoming less dependent on debt to grow their business.

Hyakugo Bank LT-Debt-to-Total-Asset Historical Data

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

Hyakugo Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.09

0.12

0.15

0.11

0.14

Hyakugo 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															0.11	0.12	0.14	-	0.08

Hyakugo Bank LT-Debt-to-Total-Asset Calculation

Hyakugo 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 )
	=	1099857	/	8097192
	=	0.14

Hyakugo 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 )
	=	619180	/	7636996
	=	0.08

Hyakugo Bank (TSE:8368) 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.

Hyakugo Bank LT-Debt-to-Total-Asset Related Terms

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Hyakugo Bank Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Hyakugo Bank Ltd (TSE:8368) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

8368:Japan

Address

21-27, Iwata, Tsu, Mie, JPN, 514-8666

Website

http://www.hyakugo.co.jp

Hyakugo Bank Ltd is a Japanese bank that operates primarily in the Mie and Aichi prefectures. The bank's earning assets are just over half in loans and bills discounted and just under half in securities. Its loan portfolio is a diverse mix of loans to individuals, consumers, and small and medium-size companies. Housing loans dominate most loans made to consumers. Most outstanding loans to small and medium-size companies are in the manufacturing, real estate, wholesale and retail, government, financial services, and construction industries. Nearly all of the loans are made in the region the bank operates in. The bank's deposit base mostly originates from individuals.

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