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Kistos Holdings (LSE:KIST) LT-Debt-to-Total-Asset : 0.27 (As of Dec. 2023)


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What is Kistos Holdings 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. Kistos Holdings's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.27.

Kistos Holdings's long-term debt to total assets ratio increased from Dec. 2022 (0.13) to Dec. 2023 (0.27). It may suggest that Kistos Holdings is progressively becoming more dependent on debt to grow their business.


Kistos Holdings LT-Debt-to-Total-Asset Historical Data

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

Kistos Holdings Annual Data
Trend Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
0.41 0.13 0.27

Kistos Holdings Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
LT-Debt-to-Total-Asset 0.30 0.13 0.30 0.27

Kistos Holdings LT-Debt-to-Total-Asset Calculation

Kistos Holdings's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=186.374/703.381
=0.26

Kistos Holdings'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 )
=186.374/703.381
=0.26

* 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.


Kistos Holdings  (LSE:KIST) 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.


Kistos Holdings LT-Debt-to-Total-Asset Related Terms

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Kistos Holdings (LSE:KIST) Business Description

Traded in Other Exchanges
Address
3 St James's Square, 2nd Floor, London, GBR, SW1Y 4JU
Kistos Holdings PLC is a closed-ended investment company. The objective of the company is to create value for its investors through the acquisition and management of companies or businesses in the energy sector. Its segment includes Netherlands and UK. The company generates maximum revenue from the Netherlands segment. ? Netherlands segment comprising the production and sale of gas and other hydrocarbons from the Q10-A field, and the costs associated with exploration, appraisal and development of other Dutch licences.

Kistos Holdings (LSE:KIST) Headlines

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