Two stone & Sons (TSE:7352) LT-Debt-to-Total-Asset : 0.36 (As of Feb. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Two stone & Sons 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. Two stone & Sons's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.36.

Two stone & Sons's long-term debt to total assets ratio increased from Feb. 2023 (0.23) to Feb. 2024 (0.36). It may suggest that Two stone & Sons is progressively becoming more dependent on debt to grow their business.

Two stone & Sons LT-Debt-to-Total-Asset Historical Data

The historical data trend for Two stone & Sons'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.

Two stone & Sons LT-Debt-to-Total-Asset Chart

Two stone & Sons Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.12

0.15

0.08

0.26

0.30

Two stone & Sons Quarterly Data
	Aug18	Aug19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.23	0.25	0.30	0.31	0.36

Two stone & Sons LT-Debt-to-Total-Asset Calculation

Two stone & Sons's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (A: Aug. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2023 )	/	Total Assets (A: Aug. 2023 )
	=	1214.976	/	4086.088
	=	0.30

Two stone & Sons'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 )
	=	1665.815	/	4697.226
	=	0.35

Two stone & Sons (TSE:7352) 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.

Two stone & Sons LT-Debt-to-Total-Asset Related Terms

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

Two stone & Sons (TSE:7352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Two stone & Sons Inc (TSE:7352) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-22-3 Shibuya, Shibuya East Exit Building 6F, Shibuya-ku, Tokyo, JPN, 150-0002

Website

https://twostone-s.com

Two Stone & Sons Inc is an engineering company providing engineering resources to companies, media businesses, and programming school businesses. The company develops services such as in-house media management and client solutions such as contract development.

Two stone & Sons (TSE:7352) Headlines

No Headlines