Daily Mail and General Trust (LSE:DMGO) LT-Debt-to-Total-Asset : 0.06 (As of Sep. 2021)

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What is Daily Mail and General Trust 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. Daily Mail and General Trust's long-term debt to total assests ratio for the quarter that ended in Sep. 2021 was 0.06.

Daily Mail and General Trust's long-term debt to total assets ratio declined from Sep. 2020 (0.14) to Sep. 2021 (0.06). It may suggest that Daily Mail and General Trust is progressively becoming less dependent on debt to grow their business.

Daily Mail and General Trust LT-Debt-to-Total-Asset Historical Data

The historical data trend for Daily Mail and General Trust'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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Daily Mail and General Trust LT-Debt-to-Total-Asset Chart

Daily Mail and General Trust Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

LT-Debt-to-Total-Asset

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0.23

0.08

0.12

0.14

0.06

Daily Mail and General Trust Semi-Annual Data
	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.13	0.14	0.11	0.06

Daily Mail and General Trust LT-Debt-to-Total-Asset Calculation

Daily Mail and General Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (A: Sep. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2021 )	/	Total Assets (A: Sep. 2021 )
	=	220	/	3687.2
	=	0.06

Daily Mail and General Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (Q: Sep. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2021 )	/	Total Assets (Q: Sep. 2021 )
	=	220	/	3687.2
	=	0.06

Daily Mail and General Trust (LSE:DMGO) 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.

Daily Mail and General Trust LT-Debt-to-Total-Asset Related Terms

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Daily Mail and General Trust (LSE:DMGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Daily Mail and General Trust PLC (LSE:DMGO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Derry Street, Northcliffe House, London, GBR, W8 5TT

Website

https://www.dmgt.com

Daily Mail and General Trust PLC Class A is a British international media company that publishes various newspapers and magazines and provides event organizers, as well as data and information services. Its flagship segment is British tabloid newspaper The Daily Mail, the largest newspaper brand in the United Kingdom. The company also operates other newspapers around Europe, as well as various websites. While the majority of revenue is derived from its publishing business, it also provides risk-management modeling and business research and data services to clients around the world.

Daily Mail and General Trust (LSE:DMGO) Headlines

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