Japan Airport Terminal Co (TSE:9706) LT-Debt-to-Total-Asset : 0.48 (As of Dec. 2023)

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What is Japan Airport Terminal 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. Japan Airport Terminal Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.48.

Japan Airport Terminal Co's long-term debt to total assets ratio declined from Dec. 2022 (0.51) to Dec. 2023 (0.48). It may suggest that Japan Airport Terminal Co is progressively becoming less dependent on debt to grow their business.

Japan Airport Terminal Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Japan Airport Terminal 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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Japan Airport Terminal Co LT-Debt-to-Total-Asset Chart

Japan Airport Terminal Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

LT-Debt-to-Total-Asset

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0.44

0.45

0.52

0.51

0.44

Japan Airport Terminal Co 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															0.51	0.51	0.49	0.48	0.44

Japan Airport Terminal Co LT-Debt-to-Total-Asset Calculation

Japan Airport Terminal Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )	/	Total Assets (A: Mar. 2024 )
	=	201197	/	460423
	=	0.44

Japan Airport Terminal 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 )
	=	218292	/	457263
	=	0.48

Japan Airport Terminal Co (TSE:9706) 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.

Japan Airport Terminal Co LT-Debt-to-Total-Asset Related Terms

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Japan Airport Terminal Co (TSE:9706) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Japan Airport Terminal Co Ltd (TSE:9706) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

JTTRY:USA 0JA:Germany

Address

3-2, Haneda Airport 3-Chome, Ohta-ku, Tokyo, JPN, 144-0041

Website

http://www.tokyo-airport-bldg.co.jp

Japan Airport Terminal Co Ltd is a Japanese airport operations company. It is principally involved in the management and operation of Haneda airport terminal building. The company's business consists of three segments, Facilities Management, Merchandise Sales, and Food and Beverage. The segment of facilities management operations leases, maintains and repairs, and operates passenger terminal facilities at Haneda Airport. The segment of merchandise sales operations is engaged in retail sales of products to passengers and others and wholesales of products to companies operating airport terminals and others. The segment of food and beverage operations provides food and beverage services to parties including users of Haneda Airport and Narita International Airport.

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