Kiyo Bank (TSE:8370) LT-Debt-to-Total-Asset : 0.13 (As of Sep. 2024)

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What is Kiyo 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. Kiyo Bank's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.13.

Kiyo Bank's long-term debt to total assets ratio increased from Sep. 2023 (0.12) to Sep. 2024 (0.13). It may suggest that Kiyo Bank is progressively becoming more dependent on debt to grow their business.

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

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

Kiyo Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.05

0.13

0.14

0.10

0.14

Kiyo Bank Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.14	-	0.13	0.13

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

Kiyo 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 )
	=	803279	/	5831379
	=	0.14

Kiyo 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 )
	=	763140	/	5805492
	=	0.13

Kiyo Bank (TSE:8370) 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.

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

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Kiyo Bank Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kiyo Bank Ltd (TSE:8370) » Definitions » LT-Debt-to-Total-Asset

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Address

35, Honmachi 1-chome, Chiyoda-Ku, Wakayama, JPN, 640-8656

Website

http://www.kiyobank.co.jp

Kiyo Bank Ltd provides banking products and services to individuals, corporations, and small businesses in Japan. Its branch network is concentrated between Wakayama prefecture and Osaka prefecture, with a small number of branches in Nara prefecture and Tokyo. The bank generates almost all revenue domestically. The core revenue driver is banking products which include deposits, loans, insurance, pensions, investment trusts, Internet banking, farm banking, and credit and debit cards. The bank also offers other services such as mergers and acquisition advisory, securities investment and trading of government bonds.

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