Bookoff Group Holdings (TSE:9278) LT-Debt-to-Total-Asset : 0.24 (As of Nov. 2024)

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What is Bookoff Group 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. Bookoff Group Holdings's long-term debt to total assests ratio for the quarter that ended in Nov. 2024 was 0.24.

Bookoff Group Holdings's long-term debt to total assets ratio increased from Aug. 2023 (0.18) to Nov. 2024 (0.24). It may suggest that Bookoff Group Holdings is progressively becoming more dependent on debt to grow their business.

Bookoff Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bookoff Group 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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Bookoff Group Holdings LT-Debt-to-Total-Asset Chart

Bookoff Group Holdings Annual Data

Trend

Mar19

Mar20

Mar21

May22

May23

LT-Debt-to-Total-Asset

0.22

0.18

0.22

0.21

Bookoff Group Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Nov24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.18	0.19	0.18	0.20	0.24

Bookoff Group Holdings LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: May. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: May. 2023 )	/	Total Assets (A: May. 2023 )
	=	10532	/	50213
	=	0.21

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

LT Debt to Total Assets (Q: Nov. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Nov. 2024 )	/	Total Assets (Q: Nov. 2024 )
	=	13674	/	56406
	=

Bookoff Group Holdings (TSE:9278) 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.

Bookoff Group Holdings LT-Debt-to-Total-Asset Related Terms

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Bookoff Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Bookoff Group Holdings Ltd (TSE:9278) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-14-20 Kobuchi, Minami-ku, Kanagawa-Prefecture, Sagamihara, JPN, 252-0344

Website

https://www.bookoff.co.jp

Bookoff Group Holdings Ltd purchases and sells books, software, apparel, sporting goods, baby goods, watches, luxury-brand bags, precious metals, kitchenware, and household goods through its strores which includes BOOKOFF SUPER BAZAAR stores and BOOKOFF PLUS stores. The company's business segments are Reuse Store Business, BOOKOFF Online Business, HUGALL Business and Packaged Media Business.

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