Alps Logistics Co (TSE:9055) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2023)

View and export this data going back to 1995. Start your Free Trial

What is Alps Logistics 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. Alps Logistics Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.04.

Alps Logistics Co's long-term debt to total assets ratio declined from Dec. 2022 (0.05) to Dec. 2023 (0.04). It may suggest that Alps Logistics Co is progressively becoming less dependent on debt to grow their business.

Alps Logistics Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Alps Logistics 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.

* Premium members only.

Alps Logistics Co LT-Debt-to-Total-Asset Chart

Alps Logistics Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.04

0.06

0.07

0.09

Alps Logistics Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.09	0.04	0.04	0.04

Alps Logistics Co LT-Debt-to-Total-Asset Calculation

Alps Logistics Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	8785	/	97283
	=	0.09

Alps Logistics Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	4200	/	100400
	=	0.04

Alps Logistics Co (TSE:9055) 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.

Alps Logistics Co LT-Debt-to-Total-Asset Related Terms

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

Alps Logistics Co (TSE:9055) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Alps Logistics Co Ltd (TSE:9055) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1756 Nippa-cho, Kohoku-ku, Kanagawa Pref., Yokohama, JPN, 223-0057

Website

https://www.alps-logistics.jp

Alps Logistics Co Ltd is a Japan-based company engaged in the provision of integrated logistics services. It operates through three segments namely Transportation, Warehousing, and Forwarding. Its Transportation segment includes the supply of products from electronic component manufacturers and trading companies to end-product manufacturers. The Warehousing segment is involved in the storage of various electronic components and other products. Its Forwarding segment consists of multi-function logistics centers that supply products to overseas markets.

Alps Logistics Co (TSE:9055) Headlines

No Headlines