Last One Mile Co (TSE:9252) LT-Debt-to-Total-Asset : 0.30 (As of Feb. 2024)

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What is Last One Mile 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. Last One Mile Co's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.30.

Last One Mile Co's long-term debt to total assets ratio increased from Feb. 2023 (0.12) to Feb. 2024 (0.30). It may suggest that Last One Mile Co is progressively becoming more dependent on debt to grow their business.

Last One Mile Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Last One Mile 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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Last One Mile Co LT-Debt-to-Total-Asset Chart

Last One Mile Co Annual Data

Trend

Nov19

Nov20

Nov21

LT-Debt-to-Total-Asset

0.11

0.09

0.06

Last One Mile Co Quarterly Data
	Nov19	Nov20	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial								0.12	0.13	0.12	0.29	0.30

Last One Mile Co LT-Debt-to-Total-Asset Calculation

Last One Mile Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2021 is calculated as

LT Debt to Total Assets (A: Nov. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2021 )	/	Total Assets (A: Nov. 2021 )
	=	177.077	/	2786.048
	=	0.06

Last One Mile Co'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 )
	=	1748.492	/	5849.345
	=	0.30

Last One Mile Co (TSE:9252) 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.

Last One Mile Co LT-Debt-to-Total-Asset Related Terms

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Last One Mile Co (TSE:9252) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Last One Mile Co Ltd (TSE:9252) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-21-1 Higashiikebukuro, Toshima-ku, Tokyo, JPN, 170-0013

Website

https://www.lomgrp.co.jp

Last One Mile Co Ltd is engaged in selling new electronic power, new gas and internet connections.

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