Lovable Marketing Group (TSE:9254) LT-Debt-to-Total-Asset : 0.31 (As of Oct. 2024)

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What is Lovable Marketing 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. Lovable Marketing Group's long-term debt to total assests ratio for the quarter that ended in Oct. 2024 was 0.31.

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

Lovable Marketing Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lovable Marketing 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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Lovable Marketing Group LT-Debt-to-Total-Asset Chart

Lovable Marketing Group Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.19

0.30

0.13

0.20

Lovable Marketing Group Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Jan24	Apr24	Oct24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.20	0.20	0.16	0.19	0.31

Lovable Marketing Group LT-Debt-to-Total-Asset Calculation

Lovable Marketing Group'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 )
	=	276.439	/	1411.44
	=	0.20

Lovable Marketing Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

LT Debt to Total Assets (Q: Oct. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2024 )	/	Total Assets (Q: Oct. 2024 )
	=	531.858	/	1726.666
	=

Lovable Marketing Group (TSE:9254) 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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Lovable Marketing Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lovable Marketing Group Inc (TSE:9254) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-5-2 Higashi-Shimbashi, Minato-ku T, Tokyo, JPN, 105-7105

Website

https://www.lmg.co.jp

Lovable Marketing Group Inc is engaged in the social media marketing business such as social media account management, developing and providing social media management tools.

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