GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Boom Logistics Ltd (ASX:BOL) » Definitions » Debt-to-Asset

Boom Logistics (ASX:BOL) Debt-to-Asset : 0.34 (As of Jun. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Boom Logistics Debt-to-Asset?

Boom Logistics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$22.5 Mil. Boom Logistics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$59.2 Mil. Boom Logistics's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was A$242.6 Mil. Boom Logistics's debt to asset for the quarter that ended in Jun. 2024 was 0.34.


Boom Logistics Debt-to-Asset Historical Data

The historical data trend for Boom Logistics'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.

Boom Logistics Debt-to-Asset Chart

Boom Logistics Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.25 0.25 0.31 0.34

Boom Logistics Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only 0.25 0.29 0.31 0.32 0.34

Competitive Comparison of Boom Logistics's Debt-to-Asset

For the Specialty Business Services subindustry, Boom Logistics'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.


Boom Logistics's Debt-to-Asset Distribution in the Business Services Industry

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

* The bar in red indicates where Boom Logistics's Debt-to-Asset falls into.



Boom Logistics Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Boom Logistics's Debt-to-Asset for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(22.511 + 59.158) / 242.582
=0.34

Boom Logistics's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(22.511 + 59.158) / 242.582
=0.34

* 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.


Boom Logistics  (ASX:BOL) 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.


Boom Logistics Debt-to-Asset Related Terms

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


Boom Logistics Business Description

Traded in Other Exchanges
Address
55 Southbank Boulevard, Suite B Level 1, Southbank, Melbourne, VIC, AUS, 3006
Boom Logistics Ltd is a national industrial services group that provides total lifting solutions, short-term or long-term crane hire, right across Australia. The company has one operating segments, namely, "Lifting Solutions",which consists of all lifting activities including the provision of cranes, travel towers, access equipment and all associated services. The company earns majority revenue from the Lifting Solutions segment.

Boom Logistics Headlines

No Headlines