Willplus Holdings (TSE:3538) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2024)

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What is Willplus 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. Willplus Holdings's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.20.

Willplus Holdings's long-term debt to total assets ratio increased from Mar. 2023 (0.18) to Mar. 2024 (0.20). It may suggest that Willplus Holdings is progressively becoming more dependent on debt to grow their business.

Willplus Holdings LT-Debt-to-Total-Asset Historical Data

The historical data trend for Willplus 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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Willplus Holdings LT-Debt-to-Total-Asset Chart

Willplus Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

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0.10

0.05

0.03

0.06

0.16

Willplus 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															0.18	0.16	0.16	0.14	0.20

Willplus Holdings LT-Debt-to-Total-Asset Calculation

Willplus Holdings'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 )
	=	3818.166	/	23644.787
	=	0.16

Willplus Holdings's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	5193.752	/	26239.651
	=	0.20

Willplus Holdings (TSE:3538) 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.

Willplus Holdings LT-Debt-to-Total-Asset Related Terms

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Willplus Holdings (TSE:3538) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Willplus Holdings Corp (TSE:3538) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shiba 5-chome Shiba 5-chome, Minato-ku, Shiba Mita Mori Building, 8th Floor, Tokyo, JPN

Website

http://www.willplus.co.jp

Willplus Holdings Corp is a Japanese firm. It is a retailer of the imported car. The Company sells cars of brands including Jaguar, Fiat, Chrysler, Jeep, BMW, Porsche, and Volvo.

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