Bunkyodo Group Holdings Co (TSE:9978) LT-Debt-to-Total-Asset : 0.15 (As of Aug. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Bunkyodo Group Holdings 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. Bunkyodo Group Holdings Co's long-term debt to total assests ratio for the quarter that ended in Aug. 2024 was 0.15.

Bunkyodo Group Holdings Co's long-term debt to total assets ratio declined from Aug. 2023 (0.15) to Aug. 2024 (0.15). It may suggest that Bunkyodo Group Holdings Co is progressively becoming less dependent on debt to grow their business.

Bunkyodo Group Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Bunkyodo Group Holdings 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.

* Premium members only.

Bunkyodo Group Holdings Co LT-Debt-to-Total-Asset Chart

Bunkyodo Group Holdings Co Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.22

0.21

0.20

0.15

Bunkyodo Group Holdings Co Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.15	0.16	0.15	0.15

Bunkyodo Group Holdings Co LT-Debt-to-Total-Asset Calculation

Bunkyodo Group Holdings Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2024 is calculated as

LT Debt to Total Assets (A: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2024 )	/	Total Assets (A: Aug. 2024 )
	=	1458.258	/	10049.99
	=	0.15

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

LT Debt to Total Assets (Q: Aug. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2024 )	/	Total Assets (Q: Aug. 2024 )
	=	1458.258	/	10049.99
	=	0.15

Bunkyodo Group Holdings Co (TSE:9978) 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.

Bunkyodo Group Holdings Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Bunkyodo Group Holdings Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Bunkyodo Group Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Bunkyodo Group Holdings Co Ltd (TSE:9978) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-1-28 Kumoto Bunkyodo Mizonokuchi Main Store 5F, Takatsu-ku, Kanagawa, Kawasaki, JPN

Website

http://www.bunkyodo.co.jp

Bunkyodo Group Holdings Co Ltd through its subsidiaries operates a chain of bookstores directly and through franchise stores in Tokyo. It sells books, magazines, CDs and DVDs, stationery, games, and hobby goods, as well as rent video products.

Bunkyodo Group Holdings Co Headlines

No Headlines