AHC Group (TSE:7083) LT-Debt-to-Total-Asset : 0.59 (As of Feb. 2024)

View and export this data going back to 2020. Start your Free Trial

What is AHC Group 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. AHC Group's long-term debt to total assests ratio for the quarter that ended in Feb. 2024 was 0.59.

AHC Group's long-term debt to total assets ratio declined from Feb. 2023 (0.61) to Feb. 2024 (0.59). It may suggest that AHC Group is progressively becoming less dependent on debt to grow their business.

AHC Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for AHC Group'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.

AHC Group LT-Debt-to-Total-Asset Chart

AHC Group Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.39

0.42

0.53

0.59

AHC Group Quarterly Data
	Nov18	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.61	0.61	0.60	0.59	0.59

AHC Group LT-Debt-to-Total-Asset Calculation

AHC Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (A: Nov. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2023 )	/	Total Assets (A: Nov. 2023 )
	=	3107.575	/	5246.994
	=	0.59

AHC Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

LT Debt to Total Assets (Q: Feb. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Feb. 2024 )	/	Total Assets (Q: Feb. 2024 )
	=	3005.747	/	5120.834
	=	0.59

AHC Group (TSE:7083) 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.

AHC Group LT-Debt-to-Total-Asset Related Terms

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

AHC Group (TSE:7083) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AHC Group Inc (TSE:7083) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-11-9, Iwamotocho, 2nd Floor Itopia Hashimoto Building, Chiyoda-ku, Tokyo, JPN, 11101-0032

Website

https://www.ahc.co.jp

AHC Group Inc is a provider of disability welfare and nursing care services. The welfare business provides children with a disability place support and employment support. The nursing care business provides day care services for the elderly. The company operates a restaurant business.

AHC Group (TSE:7083) Headlines

No Headlines