FinTech Global (TSE:8789) LT-Debt-to-Total-Asset : 0.03 (As of Sep. 2024)

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What is FinTech Global 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. FinTech Global's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.03.

FinTech Global's long-term debt to total assets ratio declined from Jun. 2023 (0.08) to Sep. 2024 (0.03). It may suggest that FinTech Global is progressively becoming less dependent on debt to grow their business.

FinTech Global LT-Debt-to-Total-Asset Historical Data

The historical data trend for FinTech Global'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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FinTech Global LT-Debt-to-Total-Asset Chart

FinTech Global Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.40

0.39

0.41

0.07

0.03

FinTech Global Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.08	0.07	0.06	0.05	0.03

FinTech Global LT-Debt-to-Total-Asset Calculation

FinTech Global's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	659.609	/	20669.679
	=	0.03

FinTech Global'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 )
	=	659.609	/	20669.679
	=

FinTech Global (TSE:8789) 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.

FinTech Global LT-Debt-to-Total-Asset Related Terms

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FinTech Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FinTech Global Inc (TSE:8789) » Definitions » LT-Debt-to-Total-Asset

Traded in Other Exchanges

N/A

Address

1-1-1 Kami-Osaki 3-chome, 15th floor, Meguro Central Square, Shinagawa-ku, Tokyo, JPN, 141-0021

Website

http://www.fgi.co.jp

FinTech Global Inc is an investment bank with divisions for securities, investment management, and principal finance. The company primarily focuses on three areas of financial services, namely, investment banking, principal investment, and asset management. Further, it provides services, such as management participation, corporate revitalization, venture development and fund-procurement arrangements from both debt and equity perspectives to support the real economy. Geographically it operates through the region of Japan.

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