Literacy Capital (LSE:BOOK) Debt-to-Asset : 0.03 (As of Dec. 2023)

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What is Literacy Capital Debt-to-Asset?

Literacy Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Literacy Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £9.47 Mil. Literacy Capital's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was £315.84 Mil. Literacy Capital's debt to asset for the quarter that ended in Dec. 2023 was 0.03.

Literacy Capital Debt-to-Asset Historical Data

The historical data trend for Literacy Capital's Debt-to-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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Literacy Capital Debt-to-Asset Chart

Literacy Capital Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.06

0.03

Literacy Capital Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Sep22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial			-	-	0.06	0.06	0.03

Competitive Comparison of Literacy Capital's Debt-to-Asset

For the Asset Management subindustry, Literacy Capital's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Literacy Capital's Debt-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Literacy Capital's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Literacy Capital's Debt-to-Asset falls into.

Literacy Capital Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Literacy Capital's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	9.465)	/	315.836
	=	0.03

Literacy Capital's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	9.465)	/	315.836
	=	0.03

Literacy Capital (LSE:BOOK) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Literacy Capital Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Literacy Capital's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Literacy Capital (LSE:BOOK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Literacy Capital PLC (LSE:BOOK) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5-11 Regent Street, St James's, 3rd Floor, Charles House, London, GBR, SW1Y 4LR

Website

https://www.literacycapital.com

Literacy Capital PLC is a closed-end investment company focused on investing in and supporting UK businesses and helping their management teams to achieve long-term success.

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