Persol Holdings Co (Persol Holdings Co) LT-Debt-to-Total-Asset : 0.08 (As of Mar. 2024)

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

Persol Holdings Co's long-term debt to total assets ratio increased from Mar. 2023 (0.08) to Mar. 2024 (0.08). It may suggest that Persol Holdings Co is progressively becoming more dependent on debt to grow their business.

Persol Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Persol 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.

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Persol Holdings Co LT-Debt-to-Total-Asset Chart

Persol Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.16

0.14

0.10

0.08

Persol Holdings 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															0.08	0.07	0.07	0.07	0.08

Persol Holdings Co LT-Debt-to-Total-Asset Calculation

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

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	265.888	/	3462.387
	=	0.08

Persol Holdings 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 )
	=	265.888	/	3462.387
	=	0.08

Persol Holdings Co (OTCPK:TEMPF) 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.

Persol Holdings Co LT-Debt-to-Total-Asset Related Terms

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Persol Holdings Co (Persol Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Persol Holdings Co Ltd (OTCPK:TEMPF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

2181:Japan 59R:Germany

Address

1-15-5 Minami-Aoyama, Minato-ku, Tokyo, JPN, 107-0062

Website

https://www.persol-group.co.jp

Persol Holdings Co Ltd is a Japan-based temporary staffing company. Its services include temporary staffing, recruitment, media, outsourcing, and job creation in a range of industries. The company's segments include Temporary Staffing/BPO, ITO, Engineering, PROGRAMMED, PERSOLKELLY, and Recruiting.

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