Digital Garage (TSE:4819) LT-Debt-to-Total-Asset : 0.05 (As of Mar. 2024)

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What is Digital Garage 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. Digital Garage's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.05.

Digital Garage's long-term debt to total assets ratio declined from Mar. 2023 (0.07) to Mar. 2024 (0.05). It may suggest that Digital Garage is progressively becoming less dependent on debt to grow their business.

Digital Garage LT-Debt-to-Total-Asset Historical Data

The historical data trend for Digital Garage'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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Digital Garage LT-Debt-to-Total-Asset Chart

Digital Garage Annual Data

Trend

Jun15

Jun16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.24

0.20

0.18

0.07

0.05

Digital Garage 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															0.07	0.06	0.17	0.16	0.05

Digital Garage LT-Debt-to-Total-Asset Calculation

Digital Garage'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 )
	=	11633	/	231431
	=	0.05

Digital Garage'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 )
	=	11633	/	231431
	=	0.05

Digital Garage (TSE:4819) 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.

Digital Garage LT-Debt-to-Total-Asset Related Terms

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Digital Garage (TSE:4819) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Digital Garage Inc (TSE:4819) » Definitions » LT-Debt-to-Total-Asset

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DLGEF:USA

Address

Daikanyama DG Bldg., Tokyo, JPN

Website

http://www.garage.co.jp

Digital Garage Inc integrates three technologies--information technology, marketing technology, and financial technology--into one solution that it provides to its business customers. The company operates three primary business segments. The incubation segment invests in and develops startups and new businesses. The marketing segment provides advertising and promotion solutions that reach consumers. The financial segment offers payment solutions to monetize Internet businesses. The marketing and financial segments provide most of the company's revenue. Digital Garage operates primarily in Japan.

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