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Lead Real Estate Co (Lead Real Estate Co) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2023)


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What is Lead Real Estate 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. Lead Real Estate Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.31.

Lead Real Estate Co's long-term debt to total assets ratio increased from Dec. 2022 (0.20) to Dec. 2023 (0.31). It may suggest that Lead Real Estate Co is progressively becoming more dependent on debt to grow their business.


Lead Real Estate Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Lead Real Estate 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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Lead Real Estate Co LT-Debt-to-Total-Asset Chart

Lead Real Estate Co Annual Data
Trend Jun20 Jun21 Jun22 Jun23
LT-Debt-to-Total-Asset
0.14 0.15 0.19 0.36

Lead Real Estate Co Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.26 0.19 0.20 0.36 0.31

Lead Real Estate Co LT-Debt-to-Total-Asset Calculation

Lead Real Estate Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )/Total Assets (A: Jun. 2023 )
=39.794/111.881
=0.36

Lead Real Estate 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 )
=37.481/121.472
=0.31

* 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.


Lead Real Estate Co  (NAS:LRE) 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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Lead Real Estate Co (Lead Real Estate Co) Business Description

Traded in Other Exchanges
N/A
Address
Nampeidai-cho, Shibuya-ku, 6th Floor, MFPR Shibuya Nanpeidai Building 16-11, Tokyo, JPN, 150-0036
Lead Real Estate Co Ltd operates as a developer of luxury residential properties, including single-family homes and condominiums, across Tokyo and Kanagawa prefecture. It operates hotels in Tokyo and leases apartment building units to individual customers in Japan and Dallas, Texas. It generates revenue from developing and selling single-family homes and condominiums. The company's primary and sole operating segment is real estate sales.

Lead Real Estate Co (Lead Real Estate Co) Headlines