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Marubeni (TSE:8002) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2023)


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What is Marubeni 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. Marubeni's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.21.

Marubeni's long-term debt to total assets ratio increased from Dec. 2022 (0.19) to Dec. 2023 (0.21). It may suggest that Marubeni is progressively becoming more dependent on debt to grow their business.


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

The historical data trend for Marubeni'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.

Marubeni LT-Debt-to-Total-Asset Chart

Marubeni Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.28 0.26 0.21 0.20

Marubeni Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.20 0.20 0.22 0.21

Marubeni LT-Debt-to-Total-Asset Calculation

Marubeni's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )/Total Assets (A: Mar. 2023 )
=1607983/7953604
=0.20

Marubeni'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 )
=1812367/8487617
=0.21

* 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.


Marubeni  (TSE:8002) 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.


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

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Marubeni (TSE:8002) Business Description

Traded in Other Exchanges
Address
Tokyo Nihombashi Tower, 7-1, Nihonbashi 2-chome, Chuo-ku, Tokyo, JPN, 103-6060
Marubeni Corp is a general trading company. It focuses on both trading and business investments in grain fields, natural resource and energy fields, and power generation fields. Investing in farms, power plants, mines, transportation systems, and other distributors allows the company to sell resources to the world market. Marubeni has entered these various markets through multiple avenues. It may either acquire an existing business or develop an entire project internally. The two regions generating the most sales are Japan and the United States. Approximately half of sales derive from Japan, with another third coming from the United States.

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