FCE (TSE:9564) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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What is FCE 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. FCE's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.08.

FCE's long-term debt to total assets ratio declined from Mar. 2023 (0.11) to Mar. 2024 (0.08). It may suggest that FCE is progressively becoming less dependent on debt to grow their business.

FCE LT-Debt-to-Total-Asset Historical Data

The historical data trend for FCE'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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FCE LT-Debt-to-Total-Asset Chart

FCE Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

0.17

0.14

0.15

0.09

FCE Quarterly Data
	Sep20	Sep21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.11	0.10	0.09	0.10	0.08

FCE LT-Debt-to-Total-Asset Calculation

FCE's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	301.444	/	3298.386
	=	0.09

FCE'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 )
	=	284.938	/	3378.236
	=	0.08

FCE (TSE:9564) 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.

FCE LT-Debt-to-Total-Asset Related Terms

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FCE (TSE:9564) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » FCE Inc (TSE:9564) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-4-1 Nishi-Shinjuku, 10F Shinjuku NS Building, Shinjuku-ku, Tokyo, JPN, 163-0810

Website

https://www.fce-hd.co.jp

FCE Inc is engaged in the managing a group of companies that offer services in industries such as education, training, digital transformation, and related operations. It has business segments such as DX Promotion Business, Education and Training Business, and Publishing Business.

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