FP Partner (TSE:7388) LT-Debt-to-Total-Asset : 0.04 (As of Feb. 2024)

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What is FP Partner 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. FP Partner's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.04.

FP Partner's long-term debt to total assets ratio declined from Feb. 2023 (0.05) to Feb. 2024 (0.04). It may suggest that FP Partner is progressively becoming less dependent on debt to grow their business.

FP Partner LT-Debt-to-Total-Asset Historical Data

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

FP Partner Annual Data

Trend

Nov20

Nov21

Nov22

Nov23

LT-Debt-to-Total-Asset

0.27

0.19

0.05

0.03

FP Partner Quarterly Data
	Nov20	Nov21	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.05	0.04	0.03	0.03	0.04

FP Partner LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2023 )	/	Total Assets (A: Nov. 2023 )
	=	590.94	/	19150.483
	=	0.03

FP Partner'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 )
	=	577.53	/	16045.793
	=	0.04

FP Partner (TSE:7388) 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.

FP Partner LT-Debt-to-Total-Asset Related Terms

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FP Partner (TSE:7388) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » FP Partner Inc (TSE:7388) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-5-3 Koraku, 5F Koraku International Building, Bunkyo-ku, Tokyo, JPN, 112-0004

Website

https://www.fpp.jp

FP Partner Inc is engaged in the Insurance agency business. It offers insurance for individuals and corporations, Financial instruments intermediary service and for housing loan agency business.

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