The a2 Milk Co (The a2 Milk Co) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is The a2 Milk 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. The a2 Milk Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.03.

The a2 Milk Co's long-term debt to total assets ratio declined from Dec. 2022 (0.05) to Dec. 2023 (0.03). It may suggest that The a2 Milk Co is progressively becoming less dependent on debt to grow their business.

The a2 Milk Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for The a2 Milk 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.

* Premium members only.

The a2 Milk Co LT-Debt-to-Total-Asset Chart

The a2 Milk Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.01

0.05

The a2 Milk Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.05	0.05	0.05	0.03

The a2 Milk Co LT-Debt-to-Total-Asset Calculation

The a2 Milk Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (A: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2023 )	/	Total Assets (A: Jun. 2023 )
	=	50.52	/	988.782
	=	0.05

The a2 Milk 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 )
	=	32.531	/	995.964
	=	0.03

The a2 Milk Co (OTCPK:ACOPF) 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.

The a2 Milk Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of The a2 Milk Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

The a2 Milk Co (The a2 Milk Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The a2 Milk Co Ltd (OTCPK:ACOPF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

ACOPY:USA ATM:New Zealand 14L:Germany A2M:Australia

Address

51 Shortland Street, P.O. Box 163, Level 10, Auckland, NTL, NZL, 1010

Website

https://www.thea2milkcompany.com

A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.

The a2 Milk Co (The a2 Milk Co) Headlines

From GuruFocus

The a2 Milk Co Stock Gives Every Indication Of Being Possible Value Trap

By GF Value • 01-01-1970

The a2 Milk Co Stock Gives Every Indication Of Being Possible Value Trap

By GF Value GF Value • 04-26-2021

The a2 Milk Co Stock Shows Every Sign Of Being Possible Value Trap

By GF Value GF Value • 04-01-2021

Ruane Cunniff's Sequoia Fund 1st-Quarter Letter to Investors

By Sydnee Gatewood Sydnee Gatewood • 04-14-2021

A2 Milk: Not All Milks Are Equal

By Steven Chen Steven Chen • 04-19-2020