Heiwa Real Estate Co (TSE:8803) LT-Debt-to-Total-Asset : 0.49 (As of Dec. 2023)

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What is Heiwa Real Estate Co 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. Heiwa Real Estate Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.49.

Heiwa Real Estate Co's long-term debt to total assets ratio declined from Dec. 2022 (0.52) to Dec. 2023 (0.49). It may suggest that Heiwa Real Estate Co is progressively becoming less dependent on debt to grow their business.

Heiwa Real Estate Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Heiwa Real Estate Co'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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Heiwa Real Estate Co LT-Debt-to-Total-Asset Chart

Heiwa Real Estate Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.50

0.46

0.48

0.50

Heiwa Real Estate Co 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															0.50	0.51	0.49	0.49	0.50

Heiwa Real Estate Co LT-Debt-to-Total-Asset Calculation

Heiwa Real Estate Co'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 )
	=	201567	/	405979
	=	0.50

Heiwa Real Estate Co'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 )
	=	197822	/	400466
	=	0.49

Heiwa Real Estate Co (TSE:8803) 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.

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Heiwa Real Estate Co (TSE:8803) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Heiwa Real Estate Co Ltd (TSE:8803) » Definitions » LT-Debt-to-Total-Asset

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HZJ:Germany

Address

1-10, Nihonbashi Kabuto-cho, Chuo-ku, Tokyo, JPN, 103-8222

Website

http://www.heiwa-net.co.jp

Heiwa Real Estate Co Ltd is primarily engaged in the leasing and development of real estate properties. The company's operates three reporting segments. The leasing business consists of ownership, leasing, management, and operation of stock exchanges, offices, commercial facilities, housing, conference venues, restaurants, and others. The real estate solutions segment consists of the development, operation and management of income property; the development and sale of houses; and the brokerage of real estate. The other businesses segment manages and renovates buildings and also operates an insurance agency and a private nursing-home business.

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