Japan Ecosystem Co (TSE:9249) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2024)

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What is Japan Ecosystem 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. Japan Ecosystem Co's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.11.

Japan Ecosystem Co's long-term debt to total assets ratio declined from Jun. 2023 (0.16) to Sep. 2024 (0.11). It may suggest that Japan Ecosystem Co is progressively becoming less dependent on debt to grow their business.

Japan Ecosystem Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Japan Ecosystem 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.

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Japan Ecosystem Co LT-Debt-to-Total-Asset Chart

Japan Ecosystem Co Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

LT-Debt-to-Total-Asset

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0.37

0.28

0.18

0.14

0.11

Japan Ecosystem Co Quarterly Data
	Sep19	Sep20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.16	0.14	0.13	0.13	0.11

Japan Ecosystem Co LT-Debt-to-Total-Asset Calculation

Japan Ecosystem Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (A: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2024 )	/	Total Assets (A: Sep. 2024 )
	=	982.152	/	9252.416
	=	0.11

Japan Ecosystem Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	982.152	/	9252.416
	=

Japan Ecosystem Co (TSE:9249) 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.

Japan Ecosystem Co LT-Debt-to-Total-Asset Related Terms

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Japan Ecosystem Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Japan Ecosystem Co Ltd (TSE:9249) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

2-2-11 Honmachi, JES Ichinomiya Building, Ichinomiya-shi, Aichi, Ichinomiya, JPN, 491-0859

Website

https://www.jp-eco.co.jp/en/index.html

Japan Ecosystem Co Ltd is engaged in the Environmental Business, Public Service Business, Transportation Infrastructure Business and other business. Under the Environmental Business the company enhances the efficiency of wastewater purification; Public service business includes designs,production,sale,installation and maintenance of totalizator system in public competition stadiums; the Transportation Infrastructure Business focuses on engineering of highway such as structure inspection,maintenance of telecommunication facilities and traffic control; and other business includes the system maintenance business, business related to the provision of ICT solutions utilizing AI technology, and real estate brokerage, sales, leasing, and other real estate related businesses.

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