Tokyo Infrastructure Energy Investment (TSE:9285) LT-Debt-to-Total-Asset : 0.43 (As of Jun. 2024)

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What is Tokyo Infrastructure Energy Investment 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. Tokyo Infrastructure Energy Investment's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.43.

Tokyo Infrastructure Energy Investment's long-term debt to total assets ratio declined from Jun. 2023 (0.45) to Jun. 2024 (0.43). It may suggest that Tokyo Infrastructure Energy Investment is progressively becoming less dependent on debt to grow their business.

Tokyo Infrastructure Energy Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Tokyo Infrastructure Energy Investment'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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Tokyo Infrastructure Energy Investment LT-Debt-to-Total-Asset Chart

Tokyo Infrastructure Energy Investment Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.50

0.48

0.44

Tokyo Infrastructure Energy Investment Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.47	0.44	0.45	0.44	0.43

Tokyo Infrastructure Energy Investment LT-Debt-to-Total-Asset Calculation

Tokyo Infrastructure Energy Investment'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 )
	=	12953.365	/	29484.612
	=	0.44

Tokyo Infrastructure Energy Investment'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 )
	=	12394.07	/	28744.281
	=	0.43

Tokyo Infrastructure Energy Investment (TSE:9285) 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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Tokyo Infrastructure Energy Investment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tokyo Infrastructure Energy Investment Corp (TSE:9285) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3 Kojimachi, 8th floor, Kojimachi Place, Chiyoda-ku, Tokyo, JPN

Website

http://www.tokyo-infra.com

Tokyo Infrastructure Energy Investment Corp is a Japan-based investment corporation. The company mainly invests in renewable energy generation equipment related assets. Its investment objective is to maximize the investor's value by creating high-quality investment opportunities and at the same time achieves the government's goal of promoting renewable energy power generation and revitalizes the local community. Its portfolio consists of TI Ryugasaki Solar Power Station, TI Ushisa Solar Power Station, TI Kanuma Solar Power Station, TI Yabuki Solar Power Station, and TI Kushiro Solar Power Station.

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