Senko Group Holdings Co (TSE:9069) LT-Debt-to-Total-Asset : 0.37 (As of Dec. 2023)

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What is Senko Group Holdings 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. Senko Group Holdings Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.37.

Senko Group Holdings Co's long-term debt to total assets ratio increased from Dec. 2022 (0.37) to Dec. 2023 (0.37). It may suggest that Senko Group Holdings Co is progressively becoming more dependent on debt to grow their business.

Senko Group Holdings Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Senko Group Holdings 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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Senko Group Holdings Co LT-Debt-to-Total-Asset Chart

Senko Group Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.27

0.33

0.34

0.36

0.34

Senko Group Holdings 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															0.36	0.36	0.39	0.37	0.34

Senko Group Holdings Co LT-Debt-to-Total-Asset Calculation

Senko Group Holdings 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 )
	=	235531	/	685120
	=	0.34

Senko Group Holdings 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 )
	=	236867	/	637876
	=	0.37

Senko Group Holdings Co (TSE:9069) 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.

Senko Group Holdings Co LT-Debt-to-Total-Asset Related Terms

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Senko Group Holdings Co (TSE:9069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Senko Group Holdings Co Ltd (TSE:9069) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-30 Kita-ku, Oyodonaka, Osaka, JPN, 531-6115

Website

http://www.senko.co.jp

Senko Group Holdings Co Ltd is a logistics company domiciled in Japan. The company organises itself into three segments: distribution, trading and commerce, and others. Distribution, which generates the majority of revenue, provides logistics services for retail products, plastics and chemical products, and housing construction, among others. Trading and commerce markets and sells petroleum, distributes logistics equipment and materials, and sells commodities, wrapping materials, alcoholic beverages, and paper products.

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