Hyuga Primary Care Co (TSE:7133) LT-Debt-to-Total-Asset : 0.07 (As of Dec. 2023)

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What is Hyuga Primary Care Co 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. Hyuga Primary Care Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.07.

Hyuga Primary Care Co's long-term debt to total assets ratio increased from Dec. 2022 (0.04) to Dec. 2023 (0.07). It may suggest that Hyuga Primary Care Co is progressively becoming more dependent on debt to grow their business.

Hyuga Primary Care Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Hyuga Primary Care Co'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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Hyuga Primary Care Co LT-Debt-to-Total-Asset Chart

Hyuga Primary Care Co Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

0.16

0.14

0.08

0.05

Hyuga Primary Care Co Quarterly Data
	Mar20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							0.04	0.05	0.02	0.07	0.07

Hyuga Primary Care Co LT-Debt-to-Total-Asset Calculation

Hyuga Primary Care Co'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 )
	=	135.842	/	2914.911
	=	0.05

Hyuga Primary Care Co'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 )
	=	258.232	/	3915.155
	=	0.07

Hyuga Primary Care Co (TSE:7133) 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.

Hyuga Primary Care Co LT-Debt-to-Total-Asset Related Terms

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Hyuga Primary Care Co (TSE:7133) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Hyuga Primary Care Co Ltd (TSE:7133) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2-1 Kasugabaru Kitamachi, Fukuoka Prefecture, Kasuga, JPN

Website

https://www.hyuga-primary.care

Hyuga Primary Care Co Ltd is engaged in operation of special nursing homes for the elderly, group homes, paid nursing homes with nursing care, residential area-type paid nursing homes, elderly housing with services, and small-scale multifunctional home care.

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