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Arclands (TSE:9842) LT-Debt-to-Total-Asset : 0.31 (As of Feb. 2024)


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What is Arclands 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. Arclands's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.31.

Arclands's long-term debt to total assets ratio increased from Feb. 2023 (0.30) to Feb. 2024 (0.31). It may suggest that Arclands is progressively becoming more dependent on debt to grow their business.


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

The historical data trend for Arclands'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.

* Premium members only.

Arclands LT-Debt-to-Total-Asset Chart

Arclands Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.17 0.24 0.30 0.31

Arclands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.29 0.29 0.31 0.31

Arclands LT-Debt-to-Total-Asset Calculation

Arclands's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (A: Feb. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Feb. 2024 )/Total Assets (A: Feb. 2024 )
=108646/350721
=0.31

Arclands's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )/Total Assets (Q: Feb. 2024 )
=108646/350721
=0.31

* 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.


Arclands  (TSE:9842) 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.


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

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Arclands (TSE:9842) Business Description

Traded in Other Exchanges
N/A
Address
1-13-1 Kamikizaki, Urawa-ku, Saitama Prefecture, Saitama City, JPN, 330-8671
Arclands Corp, formerly Arcland Sakamoto Co Ltd retails and wholesales general and Do It Yourself (DIY) products. The company operates an online shop, wholesale business, arts and craft and specialty store, supermarket, drug store and restaurants. The company through these outlets offers the over-the-counter sale of DIY related products, gardening equipment, pet supplies, home supplies, and specialty foods. It also manages the Katsuya shop that specializes in fried pork.

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