Rise Consulting Group (TSE:9168) LT-Debt-to-Total-Asset : 0.19 (As of Aug. 2024)

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What is Rise Consulting Group 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. Rise Consulting Group's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.19.

Rise Consulting Group's long-term debt to total assets ratio declined from Aug. 2023 (0.28) to Aug. 2024 (0.19). It may suggest that Rise Consulting Group is progressively becoming less dependent on debt to grow their business.

Rise Consulting Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Rise Consulting Group'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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Rise Consulting Group LT-Debt-to-Total-Asset Chart

Rise Consulting Group Annual Data

Trend

Feb21

Feb22

Feb23

Feb24

LT-Debt-to-Total-Asset

0.51

0.44

0.33

0.22

Rise Consulting Group Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.28	0.26	0.22	0.22	0.19

Rise Consulting Group LT-Debt-to-Total-Asset Calculation

Rise Consulting Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )	/	Total Assets (A: Feb. 2024 )
	=	1894.055	/	8521.93
	=	0.22

Rise Consulting Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	1605.779	/	8539.044
	=	0.19

Rise Consulting Group (TSE:9168) 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.

Rise Consulting Group LT-Debt-to-Total-Asset Related Terms

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Rise Consulting Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Rise Consulting Group Inc (TSE:9168) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-6-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6034

Website

https://www.rise-cg.co.jp

Rise Consulting Group Inc is engaged in consulting business services. Its services include NewTech Consulting, New Innovation Consulting, Overseas Expansion Consulting, Business Process Re-engineering Consulting, and IT Consulting.

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