ASANTE (TSE:6073) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is ASANTE 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. ASANTE's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.14.

ASANTE's long-term debt to total assets ratio increased from Dec. 2022 (0.02) to Dec. 2023 (0.14). It may suggest that ASANTE is progressively becoming more dependent on debt to grow their business.

ASANTE LT-Debt-to-Total-Asset Historical Data

The historical data trend for ASANTE'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.

ASANTE LT-Debt-to-Total-Asset Chart

ASANTE Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.14

ASANTE 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															0.02	0.02	0.02	0.14	0.14

ASANTE LT-Debt-to-Total-Asset Calculation

ASANTE'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 )
	=	2226.004	/	16126.971
	=	0.14

ASANTE's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	2256.505	/	15818.579
	=	0.14

ASANTE (TSE:6073) 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.

ASANTE LT-Debt-to-Total-Asset Related Terms

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

ASANTE (TSE:6073) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » ASANTE Inc (TSE:6073) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 33, No. 15, Shinjuku-ku, Shinjuku 1-chome, Tokyo, JPN

Website

http://www.asante.co.jp

ASANTE Inc is engaged in house amenities business. Its business segments include - House Amenities segment and Total Sanitation segment. The House Amenities segment is involved in the construction of termite control works to protect wood from termite and moisture, strengthening its business by house reinforcement and house repair works. The Total Sanitation segment provides vermin control and removal services to office buildings and restaurants.

ASANTE (TSE:6073) Headlines

No Headlines