Isetan Mitsukoshi Holdings (Isetan Mitsukoshi Holdings) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

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

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

Isetan Mitsukoshi Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Isetan Mitsukoshi 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.

Isetan Mitsukoshi Holdings LT-Debt-to-Total-Asset Chart

Isetan Mitsukoshi Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.09

0.11

0.10

0.07

0.06

Isetan Mitsukoshi Holdings 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															0.07	0.07	0.07	0.07	0.06

Isetan Mitsukoshi Holdings LT-Debt-to-Total-Asset Calculation

Isetan Mitsukoshi Holdings'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 )
	=	489.258	/	8177.242
	=	0.06

Isetan Mitsukoshi 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 )
	=	595.91	/	8832.843
	=	0.07

Isetan Mitsukoshi Holdings (OTCPK:IMHDF) 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.

Isetan Mitsukoshi Holdings LT-Debt-to-Total-Asset Related Terms

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

Isetan Mitsukoshi Holdings (Isetan Mitsukoshi Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Isetan Mitsukoshi Holdings Ltd (OTCPK:IMHDF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

3099:Japan 4HP:Germany

Address

5-16-10 Shinjuku, Shinjuku-ku, Tokyo, JPN, 160-0022

Website

https://www.imhds.co.jp

Isetan Mitsukoshi Holdings Ltd. is a Japan-based holding company. It is engaged in the management planning and management of subsidiaries and group companies engaged in the department store and other businesses as well as the handling of all related operations. The company has three flagship Stores, The Isetan Shinjuku Main Store which gives life to art, music, and future entertainment, The Mitsukoshi Nihombashi Main Store creates art and culture that appeal to a new segment of customers, and The Mitsukoshi Ginza Store which has refined itself to serve the needs of a global clientele.

Isetan Mitsukoshi Holdings (Isetan Mitsukoshi Holdings) Headlines

From GuruFocus

Embark on a Vibrant Izakaya Adventure at Shiki-Sai: Sushi Izakaya

By PRNewswire • 08-28-2023