Keiyo Bank (TSE:8544) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2023)

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What is Keiyo Bank 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. Keiyo Bank's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.07.

Keiyo Bank's long-term debt to total assets ratio increased from Dec. 2022 (0.03) to Dec. 2023 (0.07). It may suggest that Keiyo Bank is progressively becoming more dependent on debt to grow their business.

Keiyo Bank LT-Debt-to-Total-Asset Historical Data

The historical data trend for Keiyo Bank'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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Keiyo Bank LT-Debt-to-Total-Asset Chart

Keiyo Bank Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.04

0.13

0.08

0.04

Keiyo Bank 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															0.08	0.07	0.06	0.07	0.04

Keiyo Bank LT-Debt-to-Total-Asset Calculation

Keiyo Bank'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 )
	=	283200	/	6547247
	=	0.04

Keiyo Bank'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 )
	=	488200	/	6807959
	=	0.07

Keiyo Bank (TSE:8544) 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.

Keiyo Bank LT-Debt-to-Total-Asset Related Terms

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Keiyo Bank (TSE:8544) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Keiyo Bank Ltd (TSE:8544) » Definitions » LT-Debt-to-Total-Asset

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Address

1-11-11, Fujimi, Chuo-ku, Chiba, JPN, 260-0015

Website

http://www.keiyobank.co.jp

Keiyo Bank Ltd is a Japanese regional bank operating in the Chiba prefecture. Nearly half of its banking locations are in Chiba proper. Its commercial banking activities include consumer loans, foreign currency deposits, and ATM services. Most of the bank's earning assets are in loans and bill discounted, along with securities. Most of its retail loan portfolio is concentrated in housing loans and loans to small and midsize companies. The bank relies on a consulting arm that works with customers to curtail nonperforming loans. In addition to net interest income, the bank relies on fees and commissions to generate income.

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