Asahi Broadcasting Group Holdings (TSE:9405) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2023)

View and export this data going back to 1961. Start your Free Trial

What is Asahi Broadcasting Group Holdings 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. Asahi Broadcasting Group Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.07.

Asahi Broadcasting Group Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.10) to Dec. 2023 (0.07). It may suggest that Asahi Broadcasting Group Holdings is progressively becoming less dependent on debt to grow their business.

Asahi Broadcasting Group Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Asahi Broadcasting Group Holdings'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.

* Premium members only.

Asahi Broadcasting Group Holdings LT-Debt-to-Total-Asset Chart

Asahi Broadcasting Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.05

0.10

Asahi Broadcasting Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.10	0.10	0.10	0.07	0.07

Asahi Broadcasting Group Holdings LT-Debt-to-Total-Asset Calculation

Asahi Broadcasting Group Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	11614	/	122305
	=	0.09

Asahi Broadcasting Group Holdings'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 )
	=	7916	/	120731
	=	0.07

Asahi Broadcasting Group Holdings (TSE:9405) 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.

Asahi Broadcasting Group Holdings LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Asahi Broadcasting Group Holdings's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Asahi Broadcasting Group Holdings (TSE:9405) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Asahi Broadcasting Group Holdings Corp (TSE:9405) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-1-30 Fukushima, Fukushima-ku, Osaka, JPN, 553-8503

Website

https://corp.asahi.co.jp

Asahi Broadcasting Group Holdings Corp, formerly Asahi Broadcasting Corp is a Japanese based television and radio broadcasting company. It operates in four business divisions namely the television programming, radio and events, news and sports, and content sales. It also hosts art exhibitions and concerts. In sports division, it covers professional baseball games, professional golf tournaments, soccer matches and various other sporting events.

Asahi Broadcasting Group Holdings (TSE:9405) Headlines

No Headlines