Genda (TSE:9166) LT-Debt-to-Total-Asset : 0.22 (As of Jan. 2024)

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What is Genda 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. Genda's long-term debt to total assests ratio for the quarter that ended in Jan. 2024 was 0.22.

Genda's long-term debt to total assets ratio declined from Jan. 2023 (0.28) to Jan. 2024 (0.22). It may suggest that Genda is progressively becoming less dependent on debt to grow their business.

Genda LT-Debt-to-Total-Asset Historical Data

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

Genda Annual Data

Trend

Jan22

Jan23

Jan24

LT-Debt-to-Total-Asset

0.32

0.28

0.22

Genda Quarterly Data
	Jan22	Jan23	Apr23	Jul23	Oct23	Jan24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.28	0.26	0.24	0.22	0.22

Genda LT-Debt-to-Total-Asset Calculation

Genda's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

LT Debt to Total Assets (A: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2024 )	/	Total Assets (A: Jan. 2024 )
	=	11370	/	52141
	=	0.22

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

LT Debt to Total Assets (Q: Jan. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2024 )	/	Total Assets (Q: Jan. 2024 )
	=	11370	/	52141
	=	0.22

Genda (TSE:9166) 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.

Genda LT-Debt-to-Total-Asset Related Terms

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Genda (TSE:9166) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Genda Inc (TSE:9166) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-9-1 Higashi Shimbashi, Tokyo Shiodome Building 17th Floor, Minato-ku, Tokyo, JPN, 105-7317

Website

https://www.genda.jp

Genda Inc is a pure holding company engaged in management support for several subsidiaries in entertainment businesses. Its main business is the operation of approximately 250 amusement arcades mainly under the GiGO brand through its wholly owned subsidiary GENDA GiGO Entertainment. Other businesses include amusement machine leasing, online crane games, sales promotions, and character licensing.

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