Tokyo Tatemono Co (TSE:8804) LT-Debt-to-Total-Asset : 0.51 (As of Mar. 2024)

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What is Tokyo Tatemono 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. Tokyo Tatemono Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.51.

Tokyo Tatemono Co's long-term debt to total assets ratio increased from Mar. 2023 (0.49) to Mar. 2024 (0.51). It may suggest that Tokyo Tatemono Co is progressively becoming more dependent on debt to grow their business.

Tokyo Tatemono Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tokyo Tatemono 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.

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Tokyo Tatemono Co LT-Debt-to-Total-Asset Chart

Tokyo Tatemono Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.38

0.51

0.50

0.51

Tokyo Tatemono Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.49	0.49	0.49	0.51	0.51

Tokyo Tatemono Co LT-Debt-to-Total-Asset Calculation

Tokyo Tatemono Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	970223	/	1905309
	=	0.51

Tokyo Tatemono Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1022556	/	2009384
	=	0.51

Tokyo Tatemono Co (TSE:8804) 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.

Tokyo Tatemono Co LT-Debt-to-Total-Asset Related Terms

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Tokyo Tatemono Co (TSE:8804) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tokyo Tatemono Co Ltd (TSE:8804) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

T6R:Germany

Address

9-9, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-8285

Website

http://www.tatemono.com

Tokyo Tatemono Co Ltd is operative in Japan's real estate sector through its associates. Its interest lies in residential and commercial property development and provision of real estate related solutions such as brokerage, leasing and handling real estate applications. The company relies on its two core business lines which are, residential and commercial property sales. Tokyo Tatemono's residential portfolio is comprised of the Brillia brand of properties that are offered for sale or on a rental basis. Its commercial properties are located in prime areas of cosmopolitan Japan.

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