Thruvision Group (LSE:THRU) LT-Debt-to-Total-Asset : 0.05 (As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Thruvision 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. Thruvision Group's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.05.

Thruvision Group's long-term debt to total assets ratio increased from Sep. 2022 (0.00) to Sep. 2023 (0.05). It may suggest that Thruvision Group is progressively becoming more dependent on debt to grow their business.

Thruvision Group LT-Debt-to-Total-Asset Historical Data

The historical data trend for Thruvision 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.

Thruvision Group LT-Debt-to-Total-Asset Chart

Thruvision Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.02

0.01

0.04

0.05

Thruvision Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.04	-	0.05	0.05

Thruvision Group LT-Debt-to-Total-Asset Calculation

Thruvision Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	0.604	/	12.448
	=	0.05

Thruvision Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	0.557	/	10.525
	=	0.05

Thruvision Group (LSE:THRU) 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.

Thruvision Group LT-Debt-to-Total-Asset Related Terms

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

Thruvision Group (LSE:THRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Thruvision Group PLC (LSE:THRU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

DIGTF:USA

Address

121 Olympic Avenue, Milton Park, Abingdon, Oxon, GBR, OX14 4SA

Website

https://www.thruvision.com

Thruvision Group PLC is engaged in developing and selling people-screening technology to the security market. Geographically, it derives a majority of its revenue from the Americas and also has a presence in the UK and Europe, and the Rest of World. Its product includes TS4-C, TS4-SC, TAC, and others. The company serves various markets such as Mass Transit Security, Customs and Border Control, Profit Protection, Visitor-friendly Security, and Entrance Security.

Thruvision Group (LSE:THRU) Headlines

No Headlines