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Pollen Street Group (LSE:POLN) LT-Debt-to-Total-Asset : 0.26 (As of Dec. 2023)


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What is Pollen Street Group 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. Pollen Street Group's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.26.

Pollen Street Group's long-term debt to total assets ratio declined from Dec. 2022 (0.31) to Dec. 2023 (0.26). It may suggest that Pollen Street Group is progressively becoming less dependent on debt to grow their business.


Pollen Street Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Pollen Street Group'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.

Pollen Street Group LT-Debt-to-Total-Asset Chart

Pollen Street Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.34 0.43 0.42 0.31 0.26

Pollen Street Group Semi-Annual Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.40 0.31 0.29 0.26

Pollen Street Group LT-Debt-to-Total-Asset Calculation

Pollen Street Group'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 )
=214.916/823.681
=0.26

Pollen Street Group'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 )
=214.916/823.681
=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.


Pollen Street Group  (LSE:POLN) 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.


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Pollen Street Group (LSE:POLN) Business Description

Traded in Other Exchanges
Address
11–12 Hanover Square, London, GBR, W1S 1JJ
Pollen Street PLC is an independent, alternative investment management company dedicated to investing in the financial and business services sectors. The company has two segments: the Asset Manager segment and the Investment Company segment. The Asset Manager segment charges management and performance fees to the Investment Company segment for managing the segment's assets. The company has experience in investing in both credit and private equity strategies and has a strong and consistent track record of delivering top tier returns.

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