Ichigo Office REIT Investment (TSE:8975) LT-Debt-to-Total-Asset : 0.45 (As of Apr. 2024)

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What is Ichigo Office REIT Investment 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. Ichigo Office REIT Investment's long-term debt to total assests ratio for the quarter that ended in Apr. 2024 was 0.45.

Ichigo Office REIT Investment's long-term debt to total assets ratio increased from Apr. 2023 (0.44) to Apr. 2024 (0.45). It may suggest that Ichigo Office REIT Investment is progressively becoming more dependent on debt to grow their business.

Ichigo Office REIT Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ichigo Office REIT Investment'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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Ichigo Office REIT Investment LT-Debt-to-Total-Asset Chart

Ichigo Office REIT Investment Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

LT-Debt-to-Total-Asset

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0.40

0.39

0.40

0.42

0.47

Ichigo Office REIT Investment Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.40	0.42	0.44	0.47	0.45

Ichigo Office REIT Investment LT-Debt-to-Total-Asset Calculation

Ichigo Office REIT Investment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (A: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Oct. 2023 )	/	Total Assets (A: Oct. 2023 )
	=	107815	/	231001.429
	=	0.47

Ichigo Office REIT Investment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Apr. 2024 is calculated as

LT Debt to Total Assets (Q: Apr. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Apr. 2024 )	/	Total Assets (Q: Apr. 2024 )
	=	103719	/	231225.909
	=	0.45

Ichigo Office REIT Investment (TSE:8975) 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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Ichigo Office REIT Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ichigo Office REIT Investment Corp (TSE:8975) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

N/A

Address

Marunouchi Park Building, 2-6-1 Marunouchi, 20th floor, Chiyoda-ku, Tokyo, JPN, 100-6920

Website

http://www.ichigo-office.co.jp

Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.

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