ispace (TSE:9348) LT-Debt-to-Total-Asset : 0.36 (As of Dec. 2023)

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What is ispace 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. ispace's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.36.

ispace's long-term debt to total assets ratio declined from Dec. 2022 (0.65) to Dec. 2023 (0.36). It may suggest that ispace is progressively becoming less dependent on debt to grow their business.

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

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

ispace Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

0.02

0.05

0.75

0.24

ispace Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.75	0.39	0.25	0.36	0.24

ispace LT-Debt-to-Total-Asset Calculation

ispace'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 )
	=	6538.241	/	27033.444
	=	0.24

ispace'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 )
	=	6570.888	/	18278.442
	=	0.36

ispace (TSE:9348) 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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ispace (TSE:9348) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ispace inc (TSE:9348) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-42-3 Nihonbashi-Hamacho, Chuo-ku, Tokyo, JPN, 103-0007

Website

https://www.ispace-inc.com

ispace inc is a private lunar robotic exploration company that is developing micro-robotic technology to provide a low-cost and frequent transportation service. It has developed a small lander (lunar lander) and a lunar exploration rover (lunar rover) for the purpose of providing frequent and low-cost transportation services to the moon.

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