Nippon Hotel & Residential Investment (TSE:3472) LT-Debt-to-Total-Asset : 0.00 (As of May. 2023)

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What is Nippon Hotel & Residential Investment 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. Nippon Hotel & Residential Investment's long-term debt to total assests ratio for the quarter that ended in May. 2023 was 0.00.

Nippon Hotel & Residential Investment's long-term debt to total assets ratio stayed the same from May. 2022 (0.00) to May. 2023 (0.00).

Nippon Hotel & Residential Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Nippon Hotel & Residential Investment'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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Nippon Hotel & Residential Investment LT-Debt-to-Total-Asset Chart

Nippon Hotel & Residential Investment Annual Data

Trend

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

LT-Debt-to-Total-Asset

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0.22

0.24

0.18

0.10

Nippon Hotel & Residential Investment Semi-Annual Data
	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.10	0.10	-	-	-

Nippon Hotel & Residential Investment LT-Debt-to-Total-Asset Calculation

Nippon Hotel & Residential Investment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2022 is calculated as

LT Debt to Total Assets (A: Nov. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2022 )	/	Total Assets (A: Nov. 2022 )
	=	0	/	33166.721
	=	0.00

Nippon Hotel & Residential Investment's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2023 is calculated as

LT Debt to Total Assets (Q: May. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2023 )	/	Total Assets (Q: May. 2023 )
	=	0	/	32126.307
	=	0.00

Nippon Hotel & Residential Investment (TSE:3472) 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.

Nippon Hotel & Residential Investment LT-Debt-to-Total-Asset Related Terms

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Nippon Hotel & Residential Investment (TSE:3472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Hotel & Residential Investment Corp (TSE:3472) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-4 Nihonbashihoncho, Chuo-ku, Tokyo, JPN, 103-0023

Website

https://oom-reit.com

Ooedo Onsen Reit Investment Corp is a real estate investment trust externally managed by Ooedo Onsen Asset Management Co., Ltd. The firm invests in onsen and spa-related facilities, mainly facilities. The company principally invests in hot spring-related industries, such as hotels, hot spring facilities and theme parks.

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