Smiths News (Smiths News) Debt-to-Asset : 0.33 (As of Aug. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Smiths News Debt-to-Asset?

Smiths News's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $19 Mil. Smiths News's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $62 Mil. Smiths News's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Aug. 2023 was $248 Mil. Smiths News's debt to asset for the quarter that ended in Aug. 2023 was 0.32.

Smiths News Debt-to-Asset Historical Data

The historical data trend for Smiths News'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.

* Premium members only.

Smiths News Debt-to-Asset Chart

Smiths News Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-Asset

Get a 7-Day Free Trial

0.46

0.70

0.54

0.39

0.33

Smiths News Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Debt-to-Asset	Get a 7-Day Free Trial															0.54	0.47	0.39	0.37	0.33

Competitive Comparison of Smiths News's Debt-to-Asset

For the Publishing subindustry, Smiths News'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.

Smiths News's Debt-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Smiths News's Debt-to-Asset distribution charts can be found below:

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

Smiths News Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Smiths News's Debt-to-Asset for the fiscal year that ended in Aug. 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
	=	(18.933	+	61.626)	/	248.158
	=	0.32

Smiths News's Debt-to-Asset for the quarter that ended in Aug. 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
	=	(18.933	+	61.626)	/	248.158
	=	0.32

Smiths News (OTCPK:SMWPY) 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.

Smiths News Debt-to-Asset Related Terms

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

Smiths News (Smiths News) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Smiths News PLC (OTCPK:SMWPY) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

SNWSl:UK CNCT.GB:UK SNWS:UK T6N:Germany

Address

Rowan House, Cherry Orchard North, Kembrey Park, Swindon, Wiltshire, GBR, SN2 8UH

Website

https://www.smithsnews.co.uk

Smiths News PLC is a UK-based wholesale distributor of published content. The group is one of the UK's foremost publishers of newspapers and magazines, and it also operates as a book distributor through bookstores and an online platform serving the needs of academics and public libraries. Geographically, it derives a majority of revenue from the United Kingdom. Its segments include Smiths News Core; Dawson Media Direct (DMD); Instore and others.