Itoham Yonekyu Holdings (TSE:2296) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2023)

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What is Itoham Yonekyu 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. Itoham Yonekyu Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Itoham Yonekyu Holdings's long-term debt to total assets ratio declined from Dec. 2022 (0.02) to Dec. 2023 (0.00). It may suggest that Itoham Yonekyu Holdings is progressively becoming less dependent on debt to grow their business.

Itoham Yonekyu Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Itoham Yonekyu 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.

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Itoham Yonekyu Holdings LT-Debt-to-Total-Asset Chart

Itoham Yonekyu Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.03

0.01

Itoham Yonekyu 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															0.01	-	-	-	0.01

Itoham Yonekyu Holdings LT-Debt-to-Total-Asset Calculation

Itoham Yonekyu 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 )
	=	2528	/	462570
	=	0.01

Itoham Yonekyu 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 )
	=	365	/	483761
	=	0.00

Itoham Yonekyu Holdings (TSE:2296) 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.

Itoham Yonekyu Holdings LT-Debt-to-Total-Asset Related Terms

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Itoham Yonekyu Holdings (TSE:2296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Itoham Yonekyu Holdings Inc (TSE:2296) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-6-21 Mita, Meguro-ku, Tokyo, JPN

Website

http://www.itoham-yonekyu-holdings.com

Itoham Yonekyu Holdings Inc is a holding company operating in the food industry. The company through its subsidiaries engages in the manufacture and sale of processed meat products, processing, and sale of meat products and manufacture and sale of processed/precooked food products. Its meat products include ham, sausages, meatballs, and other processed meat products.

Itoham Yonekyu Holdings (TSE:2296) Headlines

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