Tosei (TSE:8923) LT-Debt-to-Total-Asset : 0.52 (As of Feb. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Tosei 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. Tosei's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.52.

Tosei's long-term debt to total assets ratio increased from Feb. 2023 (0.51) to Feb. 2024 (0.52). It may suggest that Tosei is progressively becoming more dependent on debt to grow their business.

Tosei LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tosei'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.

* Premium members only.

Tosei LT-Debt-to-Total-Asset Chart

Tosei Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.45

0.49

0.53

0.54

Tosei Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.51	0.51	0.50	0.54	0.52

Tosei LT-Debt-to-Total-Asset Calculation

Tosei's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (A: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2023 )	/	Total Assets (A: Nov. 2023 )
	=	132804.369	/	245329.69
	=	0.54

Tosei's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	128122.527	/	245149.557
	=	0.52

Tosei (TSE:8923) 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.

Tosei LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Tosei's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Tosei (TSE:8923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tosei Corp (TSE:8923) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-2-3 Toranomon, Toranomon Tosei Building, Minato-ku, Tokyo, JPN, 105-0001

Website

http://www.toseicorp.co.jp

Tosei Corp is a real estate company. The company's business segment includes Revitalization; Development; Rental; Fund and Consulting; Property Management and Hotel Business. In the Development Business, it examines the characteristics of acquired land and determines the use that will maximize its value, choosing from a diverse product lineup that includes office buildings, commercial facilities, condominiums and detached houses and hotels.

Tosei (TSE:8923) Headlines

No Headlines