BiON (LSE:BION) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2022)

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What is BiON 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. BiON's long-term debt to total assests ratio for the quarter that ended in Oct. 2022 was 0.00.

BiON's long-term debt to total assets ratio declined from Dec. 2020 (0.54) to Oct. 2022 (0.00). It may suggest that BiON is progressively becoming less dependent on debt to grow their business.

BiON LT-Debt-to-Total-Asset Historical Data

The historical data trend for BiON'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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BiON LT-Debt-to-Total-Asset Chart

BiON Annual Data

Trend

Sep15

Sep16

Sep17

Dec19

LT-Debt-to-Total-Asset

0.10

0.05

BiON Semi-Annual Data
	Mar16	Sep16	Mar17	Sep17	Mar18	Jun19	Dec19	Jun20	Dec20	Jun21	Oct22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial						0.05	0.11	0.54	0.55	-

BiON LT-Debt-to-Total-Asset Calculation

BiON's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	1.079	/	23.651
	=	0.05

BiON's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2022 is calculated as

LT Debt to Total Assets (Q: Oct. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2022 )	/	Total Assets (Q: Oct. 2022 )
	=	0	/	0.499
	=

BiON (LSE:BION) 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.

BiON LT-Debt-to-Total-Asset Related Terms

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BiON (LSE:BION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » BiON PLC (LSE:BION) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Dutamas 1, D2-3-1 Solaris Dutamas 1, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.bionplc.com

BiON PLC and its subsidiaries are engaged in research and development, provision of professional engineering consultancy, and process design services. It provides services in the areas of industrial biotechnology, pollution control, and renewable energy; and engineering, procurement, and construction of various wastewater treatment plants/systems; and development, commercialization, operation, and maintenance of renewable energy power plants. The company operates in two business segments providing consulting and contract services to customers in the renewable energy sector and the supply of power to National Grid. The consulting and contract segment generates a vast majority of its revenues.

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