Takara Leben Real Estate Investment (TSE:3492) LT-Debt-to-Total-Asset : 0.40 (As of Aug. 2023)

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What is Takara Leben Real Estate Investment 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. Takara Leben Real Estate Investment's long-term debt to total assests ratio for the quarter that ended in Aug. 2023 was 0.40.

Takara Leben Real Estate Investment's long-term debt to total assets ratio declined from Aug. 2022 (0.42) to Aug. 2023 (0.40). It may suggest that Takara Leben Real Estate Investment is progressively becoming less dependent on debt to grow their business.

Takara Leben Real Estate Investment LT-Debt-to-Total-Asset Historical Data

The historical data trend for Takara Leben Real Estate Investment'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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Takara Leben Real Estate Investment LT-Debt-to-Total-Asset Chart

Takara Leben Real Estate Investment Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

LT-Debt-to-Total-Asset

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0.21

0.35

0.36

0.42

0.40

Takara Leben Real Estate Investment Semi-Annual Data
	Feb18	Aug18	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.39	0.42	0.43	0.40	-

Takara Leben Real Estate Investment LT-Debt-to-Total-Asset Calculation

Takara Leben Real Estate Investment's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (A: Aug. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Aug. 2023 )	/	Total Assets (A: Aug. 2023 )
	=	57600	/	142604.574
	=	0.40

Takara Leben Real Estate Investment's Long-Term Debt to Total Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

LT Debt to Total Assets (Q: Aug. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Aug. 2023 )	/	Total Assets (Q: Aug. 2023 )
	=	57600	/	142604.574
	=	0.40

Takara Leben Real Estate Investment (TSE:3492) 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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Takara Leben Real Estate Investment (TSE:3492) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Takara Leben Real Estate Investment Corp (TSE:3492) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

1 Chome-14-15 Akasaka, Minato-ku, Tokyo, JPN, 107-0052

Website

https://takara-reit.co.jp

Takara Leben Real Estate Investment Corp is a J-REIT that owns and operates real estate properties and real property-related assets. It invests in office, hotel and residential properties.

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