Living Platform (TSE:7091) LT-Debt-to-Total-Asset : 0.45 (As of Dec. 2023)

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What is Living Platform 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. Living Platform's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.45.

Living Platform's long-term debt to total assets ratio declined from Dec. 2022 (0.47) to Dec. 2023 (0.45). It may suggest that Living Platform is progressively becoming less dependent on debt to grow their business.

Living Platform LT-Debt-to-Total-Asset Historical Data

The historical data trend for Living Platform'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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Living Platform LT-Debt-to-Total-Asset Chart

Living Platform Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.46

0.47

0.50

0.41

Living Platform Quarterly Data
	Mar18	Mar19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial														0.47	0.41	0.44	0.46	0.45

Living Platform LT-Debt-to-Total-Asset Calculation

Living Platform's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	4726.328	/	11402.773
	=	0.41

Living Platform'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 )
	=	5167.93	/	11599.151
	=	0.45

Living Platform (TSE:7091) 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.

Living Platform LT-Debt-to-Total-Asset Related Terms

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Living Platform (TSE:7091) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Living Platform Ltd (TSE:7091) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-1 Toranomon, Toranomon Daiichi Building 2nd Floor, Minato-ku, Tokyo, JPN, 105-0001

Website

http://www.living-platform.com

Living Platform Ltd is engaged in providing nursing care, childcare, and support for people with disabilities. The company's services include Paid nursing home with care, Elderly housing with service, Visiting care, Regular patrol ad hoc care nursing care, Home-visit nursing, Home care support, Small multifunctional home care, among others.

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