Fushiki Kairiku Unso Co (TSE:9361) LT-Debt-to-Total-Asset : 0.18 (As of Mar. 2024)

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What is Fushiki Kairiku Unso 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. Fushiki Kairiku Unso Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.18.

Fushiki Kairiku Unso Co's long-term debt to total assets ratio declined from Mar. 2023 (0.20) to Mar. 2024 (0.18). It may suggest that Fushiki Kairiku Unso Co is progressively becoming less dependent on debt to grow their business.

Fushiki Kairiku Unso Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Fushiki Kairiku Unso 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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Fushiki Kairiku Unso Co LT-Debt-to-Total-Asset Chart

Fushiki Kairiku Unso Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.21

0.22

0.24

0.20

0.18

Fushiki Kairiku Unso Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.20	0.18	0.17	0.17	0.18

Fushiki Kairiku Unso Co LT-Debt-to-Total-Asset Calculation

Fushiki Kairiku Unso Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	3938.301	/	22378.415
	=	0.18

Fushiki Kairiku Unso Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	4198.391	/	23059.667
	=	0.18

Fushiki Kairiku Unso Co (TSE:9361) 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.

Fushiki Kairiku Unso Co LT-Debt-to-Total-Asset Related Terms

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Fushiki Kairiku Unso Co (TSE:9361) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Fushiki Kairiku Unso Co Ltd (TSE:9361) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, No. 5 town Fushikiminato, Toyama Prefecture, Takaoka, JPN, 933-0104

Website

http://www.fkk-toyama.co.jp

Fushiki Kairiku Unso Co Ltd is engaged in the port transportation business in Japan. The principal business activities of the company include warehousing, maritime transportation, occasional route business, shipping agency, customs clearance, packing, industrial waste collection and transportation, air transport agency, and measurement certification businesses, as well as business related to contracting and guarantee of the security.

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