GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ashley Services Group Ltd (ASX:ASH) » Definitions » Debt-to-Asset

Ashley Services Group (ASX:ASH) Debt-to-Asset : 0.20 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Ashley Services Group Debt-to-Asset?

Ashley Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$13.7 Mil. Ashley Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$6.0 Mil. Ashley Services Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was A$101.4 Mil. Ashley Services Group's debt to asset for the quarter that ended in Dec. 2023 was 0.19.


Ashley Services Group Debt-to-Asset Historical Data

The historical data trend for Ashley Services Group's Debt-to-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.

Ashley Services Group Debt-to-Asset Chart

Ashley Services Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only - 0.04 0.05 0.11 0.11

Ashley Services Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.11 0.15 0.11 0.20

Competitive Comparison of Ashley Services Group's Debt-to-Asset

For the Staffing & Employment Services subindustry, Ashley Services Group's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ashley Services Group's Debt-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashley Services Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Ashley Services Group's Debt-to-Asset falls into.



Ashley Services Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ashley Services Group's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(9.377 + 2.362) / 112.296
=0.10

Ashley Services Group's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(13.746 + 5.993) / 101.384
=0.19

* 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.


Ashley Services Group  (ASX:ASH) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Ashley Services Group Debt-to-Asset Related Terms

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


Ashley Services Group (ASX:ASH) Business Description

Traded in Other Exchanges
N/A
Address
92 Pitt Street, Level 10, Sydney, NSW, AUS, 2000
Ashley Services Group Ltd is engaged in staffing services. The group operates in two operating segments namely Labour hire and Training. The group derives maximum revenue from providing labour-hire services. In labour-hire division, the company has candidates who are able to start work within one hour of the request and run a year-round national operation with dedicated after-hours in-house consultants. Its labour-hire brands to include Action Workforce and Concept Engineering. The organization operates in Australia.