Project Holdings (TSE:9246) LT-Debt-to-Total-Asset : 0.31 (As of Jun. 2024)

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What is Project Holdings 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. Project Holdings's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.31.

Project Holdings's long-term debt to total assets ratio increased from Jun. 2023 (0.20) to Jun. 2024 (0.31). It may suggest that Project Holdings is progressively becoming more dependent on debt to grow their business.

Project Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Project Holdings'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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Project Holdings LT-Debt-to-Total-Asset Chart

Project Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.28

0.08

0.12

0.32

Project Holdings Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.20	0.22	0.32	0.28	0.31

Project Holdings LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	1780.652	/	5638.206
	=	0.32

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	1858.214	/	6016.78
	=	0.31

Project Holdings (TSE:9246) 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.

Project Holdings LT-Debt-to-Total-Asset Related Terms

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Project Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Project Holdings Inc (TSE:9246) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-3-1 Azabudai, 24th Floor Azabudai Hills Mori JP Tower, Minato-ku, Tokyo, JPN, 106-0041

Website

https://www.phd.co.jp

Project Holdings Inc is engaged in providing consulting services for new business development and existing business reform by using digital technologies, planning a strategy for digital marketing, and improving to UI/UX of smartphone apps. Its services include business solutions, marketing solutions, and UI/UX solutions.

Project Holdings Headlines

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