Touei Housing (TSE:8875) LT-Debt-to-Total-Asset : 0.01 (As of Jul. 2013)

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What is Touei Housing 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. Touei Housing's long-term debt to total assests ratio for the quarter that ended in Jul. 2013 was 0.01.

Touei Housing's long-term debt to total assets ratio stayed the same from Jul. 2012 (0.01) to Jul. 2013 (0.01).

Touei Housing LT-Debt-to-Total-Asset Historical Data

The historical data trend for Touei Housing'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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Touei Housing LT-Debt-to-Total-Asset Chart

Touei Housing Annual Data

Trend

Jan09

Jan10

Jan11

Jan12

Jan13

LT-Debt-to-Total-Asset

0.03

0.02

0.01

Touei Housing Quarterly Data
	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.01	0.01	0.01	0.01	0.01

Touei Housing LT-Debt-to-Total-Asset Calculation

Touei Housing's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2013 is calculated as

LT Debt to Total Assets (A: Jan. 2013 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2013 )	/	Total Assets (A: Jan. 2013 )
	=	688	/	87484
	=	0.01

Touei Housing's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2013 is calculated as

LT Debt to Total Assets (Q: Jul. 2013 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2013 )	/	Total Assets (Q: Jul. 2013 )
	=	602	/	92641
	=	0.01

Touei Housing (TSE:8875) 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.

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Touei Housing (TSE:8875) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Touei Housing Corporation (TSE:8875) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.touei.co.jp

Touei Housing Corporation is a real estate company. It operates in residential and real estate businesses, with Detached Housing sales business as their core business. Its activities include sale of lots of land, construction contracting among others.

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