Genki Sushi Co (TSE:9828) LT-Debt-to-Total-Asset : 0.25 (As of Dec. 2023)

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What is Genki Sushi 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. Genki Sushi Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.25.

Genki Sushi Co's long-term debt to total assets ratio declined from Dec. 2022 (0.32) to Dec. 2023 (0.25). It may suggest that Genki Sushi Co is progressively becoming less dependent on debt to grow their business.

Genki Sushi Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Genki Sushi 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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Genki Sushi Co LT-Debt-to-Total-Asset Chart

Genki Sushi Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

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0.26

0.24

0.33

0.34

0.32

Genki Sushi Co Quarterly Data
	Mar19	Jun19	Sep19	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															0.32	0.32	0.32	0.28	0.25

Genki Sushi Co LT-Debt-to-Total-Asset Calculation

Genki Sushi 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 )
	=	9792.663	/	30760.44
	=	0.32

Genki Sushi 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 )
	=	8153.784	/	32351.732
	=	0.25

Genki Sushi Co (TSE:9828) 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.

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Genki Sushi Co (TSE:9828) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Genki Sushi Co Ltd (TSE:9828) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tochigi prefecture Odori 2 - chome No. 1 - 5, Utsunomiya, JPN, 320-0811

Website

http://www.genkisushi.co.jp

Genki Sushi Co Ltd operates sushi chain restaurants. The Restaurant segment operates Sushi-chain restaurants under the names Genki Sushi, Sushi Ondo, Sakana Bei, Senryo and Kaisen Nihonkai. The Franchise segment involves in franchise operation.

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